How One Trader Flipped $50K Into $520K — and What You Can Learn About Managing Trades
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A trader on Reddit's r/wallstreetbets said they grew a brokerage account from $50,000 to more than $520,000 in less than a year, using margin to buy shares rather than relying on the short-dated options trades more commonly associated with the forum. The post offered a detailed breakdown of the trades that drove the gains and the strategy behind them. "My first big trade was buying $SBET at $9 in early 2 ...