As you can see, this trade quite literally took off. And anyone who had timed this trade perfectly would have been rewarded with 68% in profits.
That would have been enough to turn a $5,000 position into $8,400 for a $3,400 profit. For a relatively small position on a single trade, that's insane.
But here's the thing…
As much as Jeff would have loved to have ridden that trade "all the way," he played the triangle pattern breakout and settled early for $638 in profits in just 2 days.
Why?
Because Jeff plans his trade and trades his plan.
Jeff planned on taking roughly $500, and he executed his strategy as soon as he reached his profit target.
You see, Jeff knows the greatest secret of trading.
It may shock you— it's not fibonacci sequences, moving averages, bollinger bands, mean reversion, relative strength, or any other sophisticated technical analysis tools and indicators.
The greatest secret of trading is... paying yourself first.
Thing is, most traders get greedy.
They let their positions run way out of hand— and before they know it, the stock reverses and all their profits are completely swept off the table.
They're so focused on the end goal, they forget to pay themselves along the way.
It's like going to your job and forgetting to collect your paycheck on the way out the door.
But just like earlier this week, Jeff plans on collecting his money from the trade he's putting on later today.
And he wants to help you do this same.
Grab Jeff's next Weekend Wiretaps trade that goes live later today.
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