Hey traders,
One of the easiest mistakes you can make in trading is going for those home runs.
You know what I’m talking about. 64% winner… 91% winner… 190% winner!
It’s easy to fall into the trap of chasing those huge gains. But that’s not where wealth is built.
Yes, it’s fun to win those trades.
But remember what I always tell you: most options expire worthless.
That 100% gain you were eyeing could just as easily — or frankly, more easily — turn into a 100% loss!
It’s just a statistical truth.
Why I Target 5% Gains Weekly
When I tell people I’m targeting 5% a week with my weekly spread strategy, some of them scoff. “5%?” they think. “Why bother?”
If I wasn’t in this industry for so long, seeing everything that goes on… and how most options trades expire worthless, it might hurt.
But it’s exactly because I’ve been around for so long that I know better.
I’ve seen it all — the good, the bad, and the downright ugly.
And the truth is, over the long run, between the tortoise and the hare… the tortoise way of trading is the way to go. (Slow and steady wins the race.)
5% Per Week Adds Up Fast
Here’s the part most people don’t understand:
5% a week doesn’t sound like much.
But when you start stacking those small, consistent wins, it turns into a shockingly high number.
Let me show you what I mean.
If you were to make 5% a week and compound it over weeks, guess what kind of gains you’d have at the end of the year… 50%? 100%?
Not even close.
When you compound 5% weekly, you end up with over 1,100% return by the end of the year. That’s more than 10x your starting capital in 12 months!
And if you decided you didn’t want to compound your gains — In other words, you withdraw your weekly gains and never invest more than your initial amount… A year’s worth of 5% weekly gains is still a ridiculously high 250% at the end of the year.
And they’re not taking wild risks or shooting for the moon. It’s all about consistent, smart trading.
So, next time someone laughs at 5% a week, let them. They have no idea how powerful it really is.
Trade well,
Jack Carter
P.S. Geof Smith just shared his deep understanding of the recent shift in oil markets… and how he’s using it to target weekly income. Check it all out here.