Editor’s Note: If you ever wanted to target gains as high as 100%, 200%, or even 1,000% for FREE – tomorrow is your chance.

Our Lead Technical Tactician Nate Bear is hosting a “3-Day Trading Challenge.”

In it, you’ll have the chance to get live trade recommendations from Nate PLUS enter to win over $50,000 worth of prizes.

But make sure you sign up soon.

The challenge starts tomorrow at 8:30 a.m. ET.

Click here to sign up for Nate’s 3-Day Trading Challenge.

– Stephen Prior, Publisher

I mentioned my lotto trading strategy in the watchlist yesterday because I’m convinced the indexes are setting up for a Santa Claus rally.

Big bounces offer the chance for huge rewards if you know how to capture them.

And with Oracle (ORCL) sliding on earnings last Friday, I believe the tech rally potential is huge.

One chart I like for a lotto trade right now is Tesla (TSLA).

TSLA’s chart looks like it’s ready to rip higher.

I believe all it needs to reach new all-time highs is for the indexes to stop falling.

In terms of extracting the most of amount of profit with the least amount of risk, I like to use the butterfly trade strategy here.

Why Butterfly Trades Are So Powerful

I like butterfly trades because the risk-reward ratio is insane.

I risk a small fixed amount, and I already know the max potential loss.

In the case of TSLA, I’m looking to risk $19 to make $1,900.

It’s a super cheap butterfly to hold this week.

It’s also a way to capture gains on new highs and push over $500 on momentum.

Action Plan: If you want to learn how to use butterfly chart patterns for your own trading and a lot more, I have a special FREE “3-Day Trading Challenge” starting tomorrow.

You’ll have the chance to receive free trade alerts from me for 3 days and also compete for $50,000 in prizes.

Click here to sign up today.