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Trade Recaps Β· February 10, 2022 Β· 8 min read

My 2020 Review: How I Made $4+ Million Day Trading

My 2020 Review: How I Made $4+ Million Day Trading

When I first started with a 9+ million portfolio πŸ’°, and certainly not during a year as wild and unpredictable as 2020 😲. This extraordinary year taught me more than ever before, both as a professional trader πŸ’Ό and as a person 🚢.

A global pandemic 🦠, enforced lockdowns πŸ”’, worldwide economic chaos 🌍, massive unemployment πŸ˜₯, and a tense political climate πŸ›οΈ were just some of the challenges we faced in 2020.

Between April and May 2020 in the United States πŸ‡ΊπŸ‡Έ, 22 million jobs vanished πŸ’Ό as businesses went into lockdown.

As a result, the trading landscape πŸ“ˆπŸ“‰ was also affected, with extreme lows and highs. This impacted my trading style and teachings πŸŽ“.

As traders, we had to reassess our strategies πŸ€” and adapt to the changes. Such shifts can rattle newcomers, but if you're prepared, you can capitalize on these situations and gain an edge πŸ†.

With a new year upon us πŸŽ‰, it's time to reflect on the past, analyze what went right and wrong, learn from our experiences, and carry those lessons into the future.

As a trading newbie, it's essential to observe 🧐 and learn from seasoned traders, especially during such volatile and unpredictable times. The turbulence of 2020 has spilled into 2021, and with COVID-19 still looming, the uncertainty continues 😷.

In today's article πŸ“°, we'll examine my 2020 performance, a year like no other, and hopefully provide you with valuable insights and tips for your own trading journey πŸ›€οΈ.

As a trader, teacher, and mentor πŸ‘¨β€πŸ«, I've analyzed my performance in the past to benefit my students and readers. This way, I can share my learnings with beginners like you, providing real-life examples instead of just theoretical knowledge πŸ“š.

In June, I revealed how I made $1.15 million πŸ’΅ in a single month. Let's dive into the rest of this rollercoaster year 🎒 and learn together!

In the midst of lockdown chaos 😷, I found myself adapting to the whirlwind changes that 2020 threw our way. And guess what? It turned out to be my best year EVER! πŸŽ‰ Not only in terms of financial gains πŸ’° but also the invaluable wisdom I acquired along the way. 🧠

Now, it's time to share that wisdom with YOU! πŸ™Œ

I'm here to guide you through these uncertain times and lead you towards success. πŸš€

So, let's dive into my 2020 trading review, as I reveal my profits/losses and discuss the journey step by step. πŸ“ˆ

🌟 My 2020 Review: The Trades I Made, Successes, and Losses 🌟 You might have already caught a glimpse of my account statements and results for June 2020. πŸ“Š

Throughout the rollercoaster that was 2020, I managed to make over 2.7 million with my TradeZero account during the entire year! πŸ€―πŸ’Έ

I used an epic strategy, known as shorting into overextended gap downs. πŸ’ͺ Statistically, this bad boy has a win ratio of around 70-80% and dishes out an average return of 26%. πŸš€ It pops up about 20 times a year, bringing excitement and opportunity! πŸ˜‰

For my starring trade, the return was a whopping 2x the average for this strategy. πŸ€‘πŸ’° And guess what? In December alone, I raked in a cool $1 million in returns! πŸ€©πŸŽ‰ Curious to learn more? Stick with me, and we'll conquer the trading world together! 🌍🌟

Stock Ticker: EDSA πŸ“ˆ

Get ready for a thrilling rollercoaster ride with Nasdaq's Edesa Biotech Inc. (EDSA) πŸš€! Back in June 2020, I scored a whopping 130,000 from the trade πŸ€‘.

Here's the juicy part: the stock skyrocketed from 9 between July 29th and 30th πŸ“Š, and I could sense it was about to dip. So, I whipped out my down short strategy and voilΓ  – profits rolled in πŸ’°.

🌟 Highlights 🌟

  • Trade Date: July 30, 2020 πŸ—“οΈ
  • Shorted at: $18 πŸ“‰
  • Covered at: $11 πŸ“ˆ
  • Earnings: $130K πŸ’Έ
  • The secret sauce? The down short pattern 🀫. With a winning probability of 70-80%, it's a strategy you don't want to miss. Keep an eye out πŸ‘€, as it occurs around 70-80 times a year, making it a potential goldmine for traders πŸ’Ž.

    πŸ“ˆ Feast your eyes on my spectacular July trading summary! I raked in a whopping πŸ’° $452,000 profit, all thanks to my savvy moves! πŸš€ Check it out below and let the numbers do the talking: πŸ€―πŸŽ‰

    Stock Ticker: πŸ“ˆ KODK 🎞️

    As I was busy making a fortune with EDSA, I couldn't resist trading Eastman Kodak Company, the legendary brand behind those iconic cameras and film πŸ“·. I shorted this stock and ended up pocketing a cool $150,000 πŸ’Έ!

    Highlights - 🌟

    Trade Date: πŸ—“οΈ July 30, 2020

    Shorted at: πŸ’Ή $38

    Covered at: πŸ”½ $28

    Earned: πŸ’° $150k

    For this trade, I followed a strategy known as the Momentous Shift πŸŒͺ️. This adrenaline-pumping strategy occurs around 20 times a year and boasts an average return of 20 to 50%! And guess what? The winning percentage soars to an astonishing 70% πŸš€

    πŸš€ Stock Ticker: VXRT πŸ“ˆ

    Remember my previous article where I shared my jaw-dropping πŸ’° $465,000 profit from trading Vaxart Inc. (VXRT) in June 2020? Well, buckle up, because I've got another thrilling tale to share about this high-flying Nasdaq-traded stock! 🎒

    πŸ—“οΈ In July, I noticed VXRT was on the move againβ€”this time, a multi-day breakout was in the cards. πŸƒ I couldn't resist the opportunity and dived back in, netting a cool πŸ’΅ $200,000 in profits! πŸ€‘

    🌟 Highlights:

  • Trade Date: July 25, 2020 πŸ—“οΈ
  • Bought at: $4.2 πŸ’Έ
  • Sold at: $8 πŸ€‘
  • Earned: $200k πŸ’°
  • πŸ” The multi-day breakout is a rare gem, only occurring 30-50 times a year. πŸ’Ž But when it does happen, the average return ranges from 30% to a whopping 100%! 😱 With a winning percentage of 60-70%, it's definitely a strategy to keep on your radar. 🎯

    πŸ’‘ The key takeaway? 🧐 Focus on strategies and patterns that boast over a 70% return. By doing so, you'll maximize your gains and be well on your way to a successful trading journey! πŸŒŸπŸ“ˆ

    Pre-2020, same-day trades were my jam πŸ‡. But then, 2020 hit πŸŒͺ, and the stock market went on a rollercoaster ride 🎒! My biggest adaptation? Adjusting to new trading habits and holding positions overnight πŸ’€πŸŒ™ - a total 180 from traditional day trading!

    Many of my students faced the same challenge 😱, but we learned that flexibility is key πŸ”‘. Deciding to hold trades overnight is tough, but it can lead to increased profits πŸ’°, or even just minimizing losses.

    πŸ’‘ Lessons Learned in 2020 πŸ’‘

    The penny stock market saw an influx of new players due to unemployment and boredom during the pandemic πŸ πŸ•’. This volatility made risk management more important than ever, and it reinforced the value of spotting and creating reliable trading patterns πŸ”ŽπŸ“Š.

    πŸš€ Tips to Make 2021 Your Year in Trading πŸš€

    1️⃣ Go for it like never before! 2021 is a year full of opportunities 🌟.

    2️⃣ Always remember the basics: maximize profit on every transaction πŸ’Έ.

    3️⃣ Focus on a few patterns, rather than getting overwhelmed πŸ§˜β€β™‚οΈ.

    4️⃣ Get a mentor πŸ§™β€β™‚οΈ! A good one can save you time, money, and heartache πŸ’”.

    πŸ‘‰ Want to level up in 2021? Check out my Freedom Challenge, YouTube Channel, and Newsletter for more tips and guidance on day trading! πŸŒŸπŸ“šπŸŽ₯

    ⏩ Next Steps ⏩

    Stop missing out on opportunities πŸš«β—οΈ Join the StockCraft family for powerful watchlists and sophisticated screening software πŸ–₯οΈπŸ“Š. Don't waste any more time - get started now by following this link!

    Learn even more with my Investing for Beginners series πŸ“˜, and join me in the Freedom Challenge, on YouTube, and through my Newsletter for even more day trading wisdom πŸ§ πŸ’«. Let's make 2021 a game changer together! πŸ’ͺπŸŽ‰

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