Here’s How George L. Just Quadrupled His Account This Week

I’ve often said that during market panic periods…

When everyone is freaking out – and selling everything…

This represents one of the very best times to make a ton of money – fast.

Back in 2018, when the markets were in panic mode (from October 4 to December 21), I used my unique trading methodology to hit 17 winners out of 18 total trades on the Invesco QQQ ETF (Nasdaq: QQQ).

Starting with $5,000, and accounting for losing trades, you could’ve turned your initial $5,000 into more than $670,000. (And again, that’s including the losers – and all coming during a market crash!)

And guess what?

The same thing is happening… right now.

As you know, the Dow crashed 4,000 points this week…

And during this panic, War Room members made money – a lot of money.

Yesterday at 10:33 a.m., a member reached out and said…

“Trading account is now up 330% since the close last Thursday.” – George L.

Let me repeat that…

During one of the most volatile weeks since the financial crisis, a War Room trader nearly quadrupled his account – in one week.

Another member nearly doubled his money – overnight.

Check out what he said this morning…

“In at $1.50, out at $2.95.” – Mark M.

And this member said…

“Bought CLX @ $3.40, sold @ $5.60 and netted $11,000 in a down market!” – James C.

One member made a series of 50% to 100% winners on his War Room plays.

No wonder he said he’s now sitting on a pile of cash…

“I closed out CCL, DXD, GLD, NCLH and RCL at the market open all with gains over 50%, and one of them at 100%. Right now – sitting on a pile of cash.” – Earle E.

Another member made 400% overnight. She said…

“In at $1.15, out at $4.60.” – Sandra R.

One member said he’s using the market panic to hit…

“Winning trade after winning trade.” – Anthony O.

Why share this with you?

Because it reinforces exactly what I told you earlier this week about the ProShares UltraShort Dow30 ETF (NYSE: DXD).

It’s one of the very best ways to protect yourself in times of market panics.

This week, War Room members traded the ETF five times… all during the market panic.

All five plays were immediate winners.

See for yourself below:

Five Days of Sell-Off: Five ProShares UltraShort Dow30 ETF Winners

  • DXD March 20 $23 Calls | +28.57% | 02/25/2020
  • DXD March 20 $24 Calls | +30.48% | 02/25/2020
  • DXD March 20 $25 Calls | +18.42% | 02/26/2020
  • DXD March 20 $27 Calls | +23.13% | 02/27/2020
  • DXD March 20 $28 Calls | +90.71% | 02/28/2020

Here’s what a member had to say based on this…

“Even in this incredible, historic craziness, you are pulling in positive numbers and that’s wonderful. Thanks.” – Rick R.

In the meantime, let’s quickly continue the discussion of picking winners in this new coronavirus environment.

Here’s what I said this morning….

I’ve also been thinking a lot about companies positioned to benefit if this new “stay home – don’t go out” trend really takes hold. I noted Zoom (Nasdaq: ZM) yesterday. But another name that stands to be a surprising winner is Peloton (Nasdaq: PTON).

After all, besides that black rubber shopping mall escalator armrest, what’s the grossest, most germ-filled thing that you come into contact with on a day-to-day basis?

Well, how about any piece of exercise machinery at your local gym?

Do you have any interest in exposing yourself to that disease fest these days? Hell no.

And for that reason, the stay-at-home workout model dominated by Peloton might turn out to be a winner in the foreseeable future.

Action Plan: Something tells me that we’ll bounce soon. It’s nothing more than a sense – a little voice in my head – saying that a bounce is coming.

I would not be surprised whatsoever if we see a 1,000-point Dow up day soon. If (and when) this happens, you want to be ready.

If you get the sense that dip buyers are getting interested, please consider adding some Peloton.