Today I want to highlight a winning trade from a six-figure trader in our community…
Because I think we can all agree that the current market environment is tough.
So it’s nice to see other traders having success…
They’re finding setups and executing good trades — and they’re sharing their trade alerts in chat when they buy…
So if you’re missing plays, watching the wrong stocks, or struggling to execute — learn from some of the best traders out there.
See how this trader found this stock, where he bought it, and how he scaled out to make some serious gains…
Learn and try new things to see what works for you … What will you learn from the trade and execution below?
How to Make $1,185.22 On a Red Market Day
Yesterday Bryce Tuohey made $1,185.22 while all the markets were down 1%. How’d he do it?
He didn’t find it on the big percent gainers list…
…Or on Twitter or in some chat room…
He found it the old-fashioned way.
Through hard work and dedication.
Bryce added GigaCloud Technology Inc. (NASDAQ: GCT) to his personal watchlist after he spotted it on a new highs scanner a few days ago.
Then he did what 90% of trading is…
He waited.
He was looking for a first green day set up and he let Small Cap Rocket subscribers know what he was looking for in premarket…
When the stock opened green and had a dip and rip type move, Bryce bought 500 shares at $13.72. And he called out his entry live in the Small Cap Rockets chat room.
He added 200 more shares at $14…
GCT chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com
Then he slowly scaled out and exited the trade 100 shares at a time…
In total, he made $1,185.22 on his trade because he was prepared in advance.
He stalked GCT for days before it made the move he was looking for. This is what successful traders mean by letting the trade come to you and not forcing trades in subpar setups.
The discipline, dedication, and hard work can pay off in the end — just stick with it.
Bryce struggled with losses in the beginning too … But he didn’t give up. He changed his approach.
Now, he’s made $951,000+ in trading profits so far…
He could cross $1 million at any time. Be there live when it happens in the Small Cap Rockets chat room!
Have a great day everyone. See you all back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade