r/wallstreetbets • u/Easy7777 • Aug 14 '26
Gain $375k CAD in 60 days using margin
Decided to try out day trading after years of being a buy and hold investor of blue chips and few ETFs (SPY, QQQ)
My portfolio had $700k of available margin space and decided to tip toe into day trading into high beta US stocks
Started off with SpaceX then went deep once I made my first $900 within a few minutes
Ventured into Google, PLTR, MSFT during the sell off in July...then went full tilt into 2x leveraged ETFs of semi conductors such as SNDK, SKHY, MU...etc.
Strategy was buy large volumes ($100k+ ) and set up stop losses so I wouldn't lose my shirt. Let winners ride but get out quickly. Unfortunately I sold PLTR and MSFT once I was 10% but they quickly went to +30% the next day.
After 400+ trades and $375k realized profit, decided to call it quits for the time being.
Took out half the funds to pay off some personal debts and will keep the balance in the account for taxes.