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 2025, which turned my account into around $200k,” the trader wrote.
That position in Sharplink Inc (NASDAQ:SBET) appears to have provided the capital for a series of later trades across multiple names and sectors.
From that $200,000 base, the trader described taking both long and short positions. Among them was a short on Rigetti Computing (NASDAQ:RGTI) near the stock’s highs, as well as a long position in Coinbase Global (NASDAQ:COIN). You can make the same types of trades by going long or short futures with Apex Trader Funding. The trader said they bought 5,500 shares of Coinbase at an average price of $145 and sold them at $172, producing a profit of about $148,500 on that trade.
The post also described buying weakness in cybersecurity stocks, including CrowdStrike Holdings (NASDAQ:CRWD) and Cloudflare Inc (NYSE:NET), during a broader market pullback.
By March 10, the trader said the account balance had reached $523,125.66, with a year-to-date gain of more …
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