My Best Trade of 2024 Earned Me 42.5% In Nine Days

The stock market has been off to a slow start in 2025 so I have been using this time to review my trades from 2024.

My SRRK trade that I opened on Nov. 22nd stands out to me because it was my largest percentage earner in the shortest amount of time.

What initially caught my attention on the chart was the one day run-up of 362%, followed by a six week base that corrected about 30% off the highs. That’s not a very large correction for a stock that just ran up 362%, so this ticker was flashing some serious strength.

For six weeks after that it formed a base that started trading in a narrow range along the 21 day ema. You can see that on the yellow line on the chart.

The day before I bought SRRK it did not have greatest close, but it was still within range, making me hesitate enough to reduce my planned position size from 1/3 to 1/5, but not hesitant enough to abandon the trade. I had never planned on being aggressive with position size anyway because my initial stop was planned to be around 9%.

On the day of the buy it opened near the previous days close and soon reclaimed the 21 day ema, followed by a break above the top of its’ trading range, and finally above my buy point. I set my stop a few pennies below the bottom of the range and waited to see how it closed.

By the end of the day it had made a stellar 12% move on increased volume, so I move my stop up to the low of the day, reducing risk to about 8% on the trade and .4% of total equity.

The next morning it had gapped up over 30% and I knew I didn’t want to sell this strong stock quickly, so I moved my stop up to lock in 10% profit and held to see what would develop.

It continued to act strong for a few days, but at the first sign of weakness on the daily I sold half to lock in profit, and moved my stop up again to lock in more. A few days later, once it crested the high of the gap day, I sold the rest for a 42.5% gain in nine days.

Since I sold it has been basing and has made its’ way back to my watchlist. The 21 day ema has caught up to it again and it looks like it may be ready for another leg up soon, so I’ll be keeping a close eye on it.

I’m looking forward to the week coming up because even though bear flags doomed the Santa rally and kept us in correction, the market has been flashing signs of strength with two accumulation days just last week.

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