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Jack Kellogg’s #1 Trade Setup

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Written by Timothy Sykes
Updated 5/9/2024 4 min read

Everything is pointing toward a MONSTER Friday stock spike.

  • Fridays are notoriously hot.
    • Short sellers tend to buy back shares and exit positions in case of a Monday gap up.
    • Long-biased traders try to buy shares to take advantage of the same gap ups.
  • We’ve already seen a +100% runner every day this week.
    • Monday: Strong Global Entertainment Inc. (AMEX: SGE) spiked 180%.
    • Tuesday: Golden Sun Health Technology Group Limited (NASDAQ: GSUN) spiked 150%.
    • Wednesday: Reborn Coffee Inc. (NASDAQ: REBN) spiked 160%.
  • And the overall market is rallying toward all time highs. See the chart below where every candle represents one trading day:
SPY chart multi-month, 1-day candles Source: StocksToTrade

When the larger market is hot, there are more profit opportunities in our small-account niche.

And I’ve already moved $500,000 into an account that’s specifically dedicated for this #1 setup.

One of my top students, Jack Kellogg, is really excited about this trade. Jack has already profited $12.6 million in the stock market (including losses). And this potential Friday spike could bump that number up dramatically.

Jack and I have been chilling in Japan all week celebrating Jack’s birthday and preparing for this huge profit opportunity.

See my Tweet below:

There’s still time to get in, that’s why we’re hosting a live stream tonight.

It’s Your Last Chance To Prepare!

jack kellogg and sykes in italy
© Millionaire Media, LLC

You won’t find this trade setup on Yahoo Finance.

The larger media is concerned with larger stocks. They don’t care about small-account profits. When money makes the world go round, there’s much more interest in the overall market direction and big names like NVIDIA Corporation (NYSE: NVDA).

Small-account traders are on their own.

That’s why I started the Challenge trading community over 15 years ago.

Together we grow toward profits in the stock market.

Jack Kellogg joined in 2017 after he graduated high school. Some post grads put their effort into a four-year college degree studying art history … Jack started working toward real profit opportunities.

And a few years later he was leading my Trading Challenge live streams!

I included some charts of Jack’s recent trades below:

OCGN chart multi-week, 1-day candles Source: StocksToTrade
FSRN chart intraday, 1-minute candles Source: StocksToTrade
SOUN chart multi-week, 1-day candles Source: StocksToTrade

Tonight at 8 P.M. Eastern, we’re going LIVE to show you the #1 trade setup in our niche right now:

>> This is your FREE ticket to attend <<

Don’t be late!

And come prepared to take notes.

When the stock market opens on Friday, everyone else will have to play catchup.

Cheers.


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Author card Timothy Sykes picture

Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”