Today I want to discuss one question I often receive when speaking to other traders…
How did I increase my trading account 500% or 5x my account in trading?
To be honest, it was a variety of things… Starting from various cannabis stocks all the way to names that I really saw a potential or a future in, like an Overstock.com, the crypto boom, or a buyout stock.
Even my knockout approach, where stocks knock at resistance and on the third try, shatter the irresistible force causing a major breakout, similar to the way a swat team would when entering a house.
Incase you haven’t seen my knockout approach, click here to watch the video now.
These particular stocks truly changed my life, so let’s see how you can potentially 5x your account.
First, let me throw out a couple of names, stocks that I was involved in, your way…
Emerald Health Therapeutics, Inc. (EMHTF)
A cannabis Company outside of Vancouver, Canada and one of the first companies I helped take public after I left my hedge fund.
Take a look at this graph…
As you can see, Emerald Health went from $1.00 to $7.00, which is fantastic!
Here’s another name… Minerva Neurosciences, Inc. (NERV)
This particular stock went up 400%!
I’d be lying if I said that I held NERV the entire time, but with the power of trading options, I was able to maximize my returns going from $4.00 to $16.00.
We can even see that NERV has a history of moving… Back in 2016, I maximized my returns from $5.00 to $25.00.
Now, you’re probably wondering if that can happen again in the Cannabis sector?
How about Overstock.com, Inc. (OSTK) with the whole crypto boom…
When I first started trading and getting involved with OSTK, it was 17.5.
Then OSTK went up to $90.0 and trading these options equals big returns.
So, will we see a boom in crypto again? I think so…
This next stock is a darling of mine and the one stock that skyrocketed my success in the trading world… Weight Watchers International, Inc. (WW)
Weight Watchers went from a $10 to $105 stock, one of the biggest short squeezes in history and during trading earnings events, there’d be times where I would make a 1000%.
Imagine, $100 of risk turning into $1000 overnight.
Another famous trade of mine is Snap, Inc. (SNAP)
Back in February, the stock went from $13.5 all the way to $20.00.
That’s a massive move and I made 2000% of my returns back with call options ahead of earnings.
That’s how I grew my account 500%… Trading these newer IPO’s, newer tech stocks, cannabis stocks, and the stocks that no one loves. Being the contrarian, getting in early on the particular names listed above.
The press wasn’t speaking about them, the media wasn’t covering them, but I was getting involved and that’s how I began making money in trading.
I’m not talking about just 10% to 20% returns, I’m talking about 300% to 400% returns on your total account.
After looking at all of these different choices, you’re probably wondering how did I find these buyouts?
It comes from my institution days…
I remember the moment after I made my first $10,000… I was ecstatic, however, there are tens and thousands of orders each and every day, but I can’t take every single order.
I started to see particular moves, especially in cannabis stocks and other breakout stocks that other traders wouldn’t even consider looking at.
For example, I didn’t make my money trading stocks like Facebook, Inc. (FB) or Intel Corporation (INTC). Both trade so many options a day, that nothing sticks out or is suspicious to me.
Therefore, I like to simplify that into a handful of trades based on the insiders, hedge funds, institutions, and even large traders that I have the opportunity to take advantage of.
This is where my three I’s of trading come into play… Increased volume, institutional buying, and irresistible force breakouts.
And if the three I’s of trading aren’t familiar to you, then you need to watch this video…
Again, I’d be lying if I said that I don’t sell high and buy low, but if I can catch that big chunk and trade options to where I can risk 1 to make 2 or risk 2 to make 4, then that’s how I really got my account to grow.
Using this strategy, you could potentially 5x your trading account. It changed my life, and it can change yours too.