Made $375k CAD day trading using margin in 60 days
$GOOGL$PLTR$MSFT$MU
AI SUMMARY — Trader made $375k CAD in 60 days day trading high-beta US stocks and leveraged semiconductor ETFs using $700k margin, executing 400+ trades with stop-loss discipline. Key risks include margin call vulnerability, leveraged ETF decay, and the sustainability of short-term trading returns against transaction costs and taxes.
| TICKER | GOOGL |
USER | u/Easy7777 |
| RATING |
BULLISH |
ENTRY |
$346.41
|
| POSITION |
7 sh
SYN
|
BOOK VAL |
$2500.36 |
| CURRENT |
$332.60 |
P&L % |
-3.99%
|
| CURR VAL |
$2400.68 |
P&L $ |
-99.68
|
| TICKER | PLTR |
USER | u/Easy7777 |
| RATING |
BULLISH |
ENTRY |
$179.00
|
| POSITION |
13 sh
SYN
|
BOOK VAL |
$2499.86 |
| CURRENT |
$175.89 |
P&L % |
-1.74%
|
| CURR VAL |
$2456.43 |
P&L $ |
-43.43
|
| TICKER | MSFT |
USER | u/Easy7777 |
| RATING |
BULLISH |
ENTRY |
$496.81
|
| POSITION |
5 sh
SYN
|
BOOK VAL |
$2499.65 |
| CURRENT |
$510.48 |
P&L % |
+2.75%
|
| CURR VAL |
$2568.43 |
P&L $ |
+68.78
|
| TICKER | MU |
USER | u/Easy7777 |
| RATING |
BULLISH |
ENTRY |
$949.90
|
| POSITION |
2 sh
SYN
|
BOOK VAL |
$2500.18 |
| CURRENT |
$910.43 |
P&L % |
-4.16%
|
| CURR VAL |
$2396.30 |
P&L $ |
-103.88
|
Decided to try out day trading in my non registered account after years of being a buy and hold investor of Canadian Dividend Payers and few ETFs
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 wipe out some personal debts and will keep the balance in the account for taxes.