{"id":27179,"date":"2026-05-08T07:30:00","date_gmt":"2026-05-08T11:30:00","guid":{"rendered":"https:\/\/jeffclarktrader.com\/market-minute\/?p=27179"},"modified":"2026-05-07T17:10:47","modified_gmt":"2026-05-07T21:10:47","slug":"stop-gambling-do-this-challenge-instead","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/stop-gambling-do-this-challenge-instead\/","title":{"rendered":"Stop Gambling \u2013 Do This Challenge Instead"},"content":{"rendered":"<p>Nobody is getting rich by placing bets in the prediction markets.<\/p>\n<p>One guy tried to do it. A U.S. Army soldier involved in the planning of the operation to capture Venezuelan President Nicolas Maduro placed a $32,500 bet on Polymarket that Maduro would be &ldquo;out&rdquo; by January 31.<\/p>\n<p>That paid out more than $400,000.<\/p>\n<p>But, before Master Sgt. Gannon Ken Van Dyke could pick up his winnings, he was picked up by law enforcement on five charges of stealing and misusing confidential government information.<\/p>\n<p>Only the 535 members of Congress can get away with that. The rest of us 260 million US adults need to find some other way to get rich.<\/p>\n<p>The most consistent way to do that is to work hard. Put 10% of every paycheck into a safe, conservative investment with a modest rate of return. And, let the magic of compound interest do its thing. That way, you should be able to build a large nest egg&hellip; eventually.<\/p>\n<p>But, it takes a lot of patience to wait for &ldquo;eventually.&rdquo; And, in this 15-second, click-bait, dopamine-induced society, most folks don&rsquo;t have that sort of patience.<\/p>\n<p>So, they resort to other strategies &ndash; like gambling &ndash; to try to achieve their financial goals.<\/p>\n<p>Roughly 39 million Americans have prediction market accounts. Since the start of 2025, Kalshi &ndash; one of the largest platforms &ndash; has seen its active monthly users grow from 600,000 to over 5.1 million. And, the most prominent demographic is men aged 18-49 &ndash; with 33% of that group having used a prediction platform.<\/p>\n<p>That&rsquo;s crazy.<\/p>\n<p>Yes&hellip; prediction markets are a fun source of entertainment. It&rsquo;s more interesting to watch sports or the evening news when you have a small stake riding on the outcome. But, if you&rsquo;re betting in the prediction markets as a way to get rich or to build your nest egg, you will go broke doing so.<\/p>\n<p>May I make an alternative suggestion?<\/p>\n<h2>12 Trades to $1 Million Challenge<\/h2>\n<p>If you&rsquo;re already working hard, and investing part of your paycheck every month, but you&rsquo;re worried you&rsquo;re running out of time, don&rsquo;t turn to gambling.<\/p>\n<p>Instead, please attend the free launch event for my <strong><em><a href=\"https:\/\/signup.tradesmith.com\/?cid=MKT867287&amp;eid=MKT869927&amp;step=start&amp;plcid=PLC245204\">12 Trades to $1 Million Challenge on Thursday, May 14 at 10am ET<\/a><\/em><\/strong>.<\/p>\n<p>The whole point of the challenge is to steer you away from gambling and towards a usable skill to profit consistently in the stock market.<\/p>\n<p>Will you actually make $1 million in just 12 trades? Who knows. The odds are stacked against it.<\/p>\n<p>But, the current market environment is similar to the two previous times it could have happened. So, it is possible.<\/p>\n<p>You see, one of my team members went back through the 381 trade recommendations I&rsquo;ve closed over the past nine years here at Jeff Clark Trader.<\/p>\n<p>He found there were 36 streaks of three or more winning trades in a row. Twenty-one of those ran to five trades or longer.<\/p>\n<p>And on two occasions, the streaks ran long enough that someone starting with $5,000 and rolling the profits from one trade into the next would have ended up with seven figures.<\/p>\n<p>The first was during the 2023 banking crisis. Nine trades &ndash; $5,000 to $1.3 million.<\/p>\n<p>The second was during the first big wave of AI repricing in 2025. Twelve trades &ndash; $5,000 to $2.6 million.<\/p>\n<p>What did these two periods have in common with today&rsquo;s market? Both were times of significant disruption and volatility.<\/p>\n<p>More important, though, you will learn the skills necessary to make money trading the financial markets without blowing yourself up.<\/p>\n<p>These are the same skills I used to manage money for some of California&rsquo;s wealthiest investors. The same skills that enabled me to retire at the age of 42. The same skills I still use to trade the markets today.<\/p>\n<p>You can sign up for my <em>12 Trades to $1 Million Challenge<\/em> by <a href=\"https:\/\/signup.tradesmith.com\/?cid=MKT867287&amp;eid=MKT869927&amp;step=start&amp;plcid=PLC245204\">going here.<\/a><\/p>\n<p>I hope to see you there.<\/p>\n<p>Best regards and good trading,<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.jeffclarktrader.com\/global\/signatures\/jeff-clark-signature.png\" alt=\"Signature\" width=\"200\" style=\"max-width:200px;width:100%\" \/><\/p>\n<p>Jeff Clark<br \/>\nEditor, <em>Market Minute<\/em><\/p>\n<p><strong>P.S.<\/strong> By attending, yes, you&rsquo;ll be invited to try my 12 trades to $1 million challenge&hellip; But you&rsquo;ll also be learning tried and true, usable, safe, low-risk trading skills.<\/p>\n<p>This is the best way to grow your nest egg, especially in these &ldquo;new normal&rdquo; volatile markets.<\/p>\n<p>Join me <a href=\"https:\/\/signup.tradesmith.com\/?cid=MKT867287&amp;eid=MKT869927&amp;step=start&amp;plcid=PLC245204\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this 15-second, click-bait, dopamine-induced society, most folks don\u2019t have the sort of patience to grow their wealth.<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"closed","ping_status":"0","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-27179","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"ai_tts_audio_outdated":false,"ai_tts_content_changed_during_generation":false,"ai_tts_legacy_post":false,"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/27179","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\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=27179"}],"version-history":[{"count":2,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/27179\/revisions"}],"predecessor-version":[{"id":27197,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/27179\/revisions\/27197"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=27179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=27179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=27179"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=27179"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=27179"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=27179"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=27179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}