In this live day trading example, Multi-Millionaire Day Trader Madaz continues with the absolute bankage on $GME ( Gamestop ) as he goes on an epic tear after hours after the stock continues to squeeze out shorts even more to more all time highs hitting at high of $248.90 a share in the extended hours session.
In a series of trades where he executes, once again, his trademarked washout long strategy multiple times, he is able to pull of his best ever after hours trading session in his career, making over $200,000 in profits and finishing the day with his 2nd best single day profit total of all time at $324,000. Madaz is up over $650,000 on just $GME alone in the last 3 days.
The short squeeze move has been largely attributed to reddit’s r/wallstreetbets community and supposedly has bankrupted short selling hedge fund, Melvin Capital, which required a bailout from fellow hedge funds Citadel and Point72, to remain operational.
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Tired of never having shares to short? Does your broker just plain suck?
Madaz recommends Centerpoint Securities as the preferred broker.Tired of getting late alerts and getting dumped on by your guru?
Madaz recommends Trade-Ideas as the preferred stock scanner.Are you often missing big moves because it takes you forever to find out the catalyst?
Madaz recommends Benzinga Pro as the preferred Live News Feed service.Affiliate Disclosure: I know what you're thinking. Madaz, ya sneaky bastard, trying to sneak in some affiliate links. Any compensation I may receive from this will pay for big macs on days where the market isn't feeling so charitable. For a more complete version of this mumbo jumbo, please click here.