{"id":22338,"date":"2024-12-04T07:30:42","date_gmt":"2024-12-04T12:30:42","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=22338"},"modified":"2024-12-04T07:30:42","modified_gmt":"2024-12-04T12:30:42","slug":"how-to-make-222-gains-with-one-strategy","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/how-to-make-222-gains-with-one-strategy\/","title":{"rendered":"How to Make 222% Gains With One Strategy"},"content":{"rendered":"

I’ve been talking about my “magic pattern” lately… and how, going into 2025 and beyond, I believe the coming market chaos will hand us many opportunities<\/a> to exploit this pattern over and over for excellent gains.<\/p>\n

Like 26% in just two trading days… 152% in six trading days… and 97% in eight trading days.<\/p>\n

So today, I thought I would take you deeper into how it works, with a trade that helped readers of my entry level trading service Jeff Clark Trader<\/em> make over 200% gains… in just six trading days.<\/p>\n

Simple Method, Repeatable Results<\/h2>\n

It’s simple, really… the “magic pattern” system looks for stocks that have moved far away from their moving averages and are set up to snap back to them.<\/p>\n

I’ll take you through an example, using my all-time favorite stock to trade – the VanEck Vectors Gold Miners ETF (GDX).<\/p>\n

I probably do 10 to 15 trades a year on GDX… and an interesting thing about this fund is that if you had bought it when it came out originally in 2006, it was trading around $37 a share.<\/p>\n

Almost 20 years later… it’s trading around $37 a share.<\/p>\n

So if you had bought it and held onto it for the length of time it’s been in existence, you’ve actually made… less than nothing, taking inflation into account.<\/p>\n

But it is one of the best vehicles for trading, and I’ll show you with an example that set up way back in February. Check out the chart below…<\/p>\n

\"chart\"<\/p>\n

(Click here to expand image)<\/a><\/p>\n

What I liked about this particular pattern is the blue dashed lines creating a bullish falling wedge pattern.<\/p>\n

If you’ve read Market Minute<\/em> for any length of time, you know I like these bullish falling wedge patterns.<\/p>\n

There’s the resistance line of the wedge at the top, there’s the support line of the wedge on the bottom.<\/p>\n

Now the reason I really liked this setup isn’t just because of the pattern…. But also because of the risk\/reward situation.<\/p>\n

A Really Favorable Setup<\/h2>\n

So GDX made a low just above $25 a share last October. And so if we were buying the stock, we’d be buying it around $26.<\/p>\n

We would be looking at a dollar’s worth of risk to the downside. On the upside, if we’re right and the stock moves out, a big blast higher out of the wedge probably targets the $30 line in early 2024.<\/p>\n

So we’re looking at $1 worth of risk if you buy the stock at $26 and $4 worth of potential reward. And if this really kicked into gear, we could see it all the way up to the top of the wedge, which would give us $6 potential reward.<\/p>\n

I recommended readers buy the April $26 calls for 90 cents on February 27.<\/p>\n

Less than two weeks later, we had this nice little pop:<\/p>\n

\"chart\"<\/p>\n

(Click here to expand image)<\/a><\/p>\n

So this bullish falling wedge played out as we thought it would by popping to the upside.<\/p>\n

The stock rallied all the way up to $29.16, where I told folks to take their profit… for 222% gains in just six trading days.<\/p>\n\n\n\n
\n

Free Trading Resources<\/strong><\/p>\n

Have you checked out Jeff’s free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career \u2013 at zero cost to you. Just click here<\/a> to check it out.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

You Can Do This Too<\/h2>\n

This isn’t luck… it’s a system that I’ve carefully created through my 42-year trading career.<\/p>\n

And if it seems hard, don’t worry. You can learn more about the Magic Pattern right here<\/strong><\/a>.<\/p>\n

I’ll guide you every step of the way.<\/p>\n

Best regards and good trading,<\/p>\n

\"Signature\"<\/p>\n

Jeff Clark
\nEditor, Market Minute<\/em><\/p>\n

P.S.<\/strong> If you have any questions for me, be sure to send them to feedback@jeffclarktrader.com<\/strong><\/a>. I read every message that comes in.<\/p>\n","protected":false},"excerpt":{"rendered":"

The magic pattern will be the best trading strategy for 2025.<\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[7],"newsletter-type":[],"ticker":[],"class_list":["post-22338","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/22338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=22338"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/22338\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=22338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=22338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=22338"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=22338"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=22338"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=22338"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=22338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}