By Jeff Clark, editor, Market Minute I was only 19 years old when I made my first trade. I had a gut feeling the market was going to go higher… so I invested $600 into the S&P 100. A few hours later, my money had more than doubled. I sold my position and took the $1,200 profit – a 200% gain. And I was hooked on trading forever… My next trade was in IBM. This time, it took a couple days to double my money. Next, I invested in Digital Equipment… which nearly tripled in just a few days. I made 17 trades during my first six weeks as a trader. Every single one was a winner. | Recommended Link | | Why you should buy this $4 stock… “Liquid energy” is promising to trigger an energy revolution 117x bigger than all the hottest tech trends combined. The world’s richest billionaires are investing in one tiny company behind it, including Bill Gates, Jack Ma, Richard Branson, Michael Bloomberg and Jeff Bezos. Right now, this tiny company behind “Liquid Energy” trades for around $4. | | | -- | |
Going 17 for 17 was a remarkable feat for a rookie trader – especially since I wasn’t using any sort of fundamental or technical analysis. I was just going with my gut. But I was careful not to put more than $1,000 or $2,000 into any single trade. And I still managed to turn my $5,000 brokerage account into $50,000 in just six weeks… And then I decided it was time to get serious. No more tiny trades. I was too good for the small stuff. For whatever reason, I had figured out a way to beat the market. Heck, I had just rattled off 17 straight triple-digit winners. So I decided to take the $50,000 in my account, add to it my $25,000 in savings, and put it into a handful of trades. You can probably guess what happened next. Free Trading Resources 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 – at zero cost to you. Just click here to check it out. | The stock market has a habit of humbling folks who think they’ve figured it out. For me, the humbling started right away. At first, the positions started slightly moving against me. It was nothing to be concerned about. One good day would put everything back in the profit column. But then, one by one, each position blew up on me. It was too painful to watch. I kept the television off and avoided reading the newspaper for fear I’d see something bad about the stock market and my positions. When I finally got up enough courage to call the branch manager and check on the status of my account, I learned all the gains I had built up over the previous six weeks were gone. “Just sell everything,” I said. That was an expensive lesson to learn. But it’s one every trader learns at some point. I was just fortunate it happened to me early in my career. You see, that experience changed how I looked at trading. I was no longer betting the farm on a couple of trades. Instead, I started trading as a way to reduce risk, by building wealth over a number of smaller trades. Financial genius reveals unusual investment strategy that works in ANY market Today, I still do my fair share of speculating. But I’m not focused on how much money I can make. I’m focused on how little I can lose. That’s a huge difference. It has allowed me to trade successfully for nearly four decades. And it allowed me to retire at 42. Best regards and good trading, Jeff Clark Reader Mailbag Has there been a time when the market has humbled you? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. | 
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