Trader Makes Over $70K in Two Days: Day Trading Recap

Summary

A day trader reported significant gains, earning over thirty-two thousand dollars in a single day and thirty-nine thousand dollars the previous day, totaling over seventy thousand dollars in two days. Profits from the previous day were donated to the Navajo Nation, including support for hospitals and the Navajo water project. The trader experienced unexpected market momentum, attributing some of it to a potential SpaceX IPO creating sympathy with space-related stocks. Specific trades discussed include NCT, a Hong Kong company with no news, where the trader made nine thousand dollars on a breakout, lost one thousand dollars on a re-entry, and then made five thousand dollars on a pullback, for a total of fourteen thousand dollars on NCT. Another trade, WGRX, which had news about a lockup agreement, yielded about seventeen hundred dollars. SPRC, a stock known for volatility, was traded successfully, with the trader making sixteen thousand dollars despite initial skepticism about its news. The trader adjusted to an early morning schedule to accommodate Pacific Standard Time trading. The upcoming end of the PDT rule and the SpaceX IPO are highlighted as significant market events. The trader also mentioned a two-week trial offer for Warrior Trading members.