Case Study

How I Made 7 Figures Trading During COVID

Everyone was panicking. I was positioned. Here is exactly what I saw, what I did, and the decisions that made the difference when the world was falling apart.

Jeff MrUnemployable
8 min read
Unemployable Academy

March 2020. The world shut down. The stock market dropped 34% in 33 days. People were panic-selling everything they owned. Crypto crashed 50% in 48 hours. The news was screaming that the economy was over.

And I was sitting at my desk buying everything I could get my hands on.

I'm not telling you this to brag. I'm telling you this because the reason I was buying while everyone else was selling had nothing to do with luck, a hot tip, or some secret indicator. It had everything to do with a framework I had spent years building before any of this happened.

What Most People Got Wrong

The biggest mistake people made in March 2020 was letting the news make their trading decisions for them. They watched CNN, saw the death toll climbing, heard the word "recession" every five minutes, and they sold. Or worse they never got in at all because they were waiting for things to "calm down."

Here is the problem with that thinking. By the time things calm down, the move is already over. The money is made in the chaos, not after it. Every major wealth-building opportunity in history has looked terrifying from the inside.

"The time to buy is when there is blood in the streets even if the blood is your own." That quote is from Baron Rothschild, and it is over 200 years old. The principle has not changed once.

The Three Things I Was Watching

1. The Fundamentals Had Not Changed

When Bitcoin dropped from $9,000 to $4,000 in March 2020, I asked myself one question: has anything about Bitcoin's fundamentals changed? The answer was no. The supply cap was still 21 million. The halving was still 60 days away. The network was still running. The only thing that changed was sentiment and sentiment is temporary.

The same was true for gold, for oil, and for the major stock indices. Yes, businesses were closing. Yes, the economy was contracting. But the underlying assets had not permanently lost their value. They were on sale. Deep discount. Clearance pricing on things that would still exist in five years.

2. I Had Dry Powder Ready

This is the part nobody talks about. You cannot buy a dip if you spent everything at the top. For years before 2020, I had been keeping 20% of my portfolio in cash at all times. Not because I was scared. Because I knew a day like March 2020 would eventually come, and when it did I wanted ammunition.

Most people spend their cash before the opportunity arrives. Then when the crash comes, they can only watch.

3. I Had a Written Plan Before It Started

This is the biggest one. I had already written down before any crash happened what I would do if the market dropped 30%, 40%, or 50%. I knew which assets I would add to. I knew exactly how much. I knew my stop losses. I knew my targets.

So when the crash came, there was no decision to make in the moment. I just executed the plan I had already written. There was no panic because there was no uncertainty. I already knew what to do.

What I Actually Bought and Why

I am not going to give you exact numbers because this is not financial advice and every situation is different. But here is the framework I used.

1
Bitcoin and Ethereum maximum convictionThe halving was coming. Institutional interest was building. These were the assets I had the most conviction on long term. I added heavily.
2
Gold the safe haven playWhen fiat currency gets printed at record levels, gold historically responds. I saw what the Fed was about to do with the money printer and positioned accordingly.
3
Quality stocks at ridiculous discountsApple, Amazon, and Microsoft were still going to exist after COVID. Buying them at a 35% discount felt like an obvious decision once the emotion was removed.
4
Oil the contrarian tradeWhen oil went negative for the first time in history, I knew it would not stay there. I bought. It was uncomfortable. It worked.

The Psychological Battle

I want to be honest with you about something. Even with a plan, even with conviction, it was hard. My phone was blowing up with people telling me I was crazy. Family members called asking if I was moving my money to cash. The headlines every day were brutal.

There is a test that happens in every major market event. The test is not technical. It is not about reading charts or finding the perfect entry. The test is: can you execute when everything around you is screaming that you are wrong?

Most people fail that test. Not because they do not know what to do but because they let fear override their plan. Fear is the most expensive emotion in trading. It has cost more people more money than any bad trade ever could.

What You Can Take From This

COVID was a once-in-a-generation opportunity. But opportunities like it will come again. Markets crash. Sentiment breaks. Panic spreads. Every time it happens, money transfers from people who react emotionally to people who had a plan.

You do not need perfect timing. You do not need inside information. You do not need to predict when the next crash is coming. What you need is:

That last one is the hardest. And it is exactly what we work on inside the Unemployable Academy every single week not just the technical side of trading, but the mental side. Because the technical is worthless if you cannot hold it together when things get ugly.

The best traders are not the ones with the best entries. They are the ones who can stay calm, think clearly, and execute their plan when the whole world is telling them they are wrong.

COVID did not make me wealthy. The years of preparation, study, discipline, and planning that happened before COVID did. COVID was just the exam. I had already done the work.

Go do the work.

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