Biotech Stock Squeezes Up 300% On Breaking News (Biotech Sector ETF is +37% Year-to-Date)

Day 42: A Challenging Trading Day [0:00]

• The trader is operating from a "mobile command center," a Mercedes Sprinter van with Starlink and solar power, allowing trading from various locations.
• Day 42 presented a reversal of previous days' fortunes, with the small account ending in the red after being green for the past two days.
• The trader notes the difficulty of managing both a small and a large account simultaneously, often leading to prioritizing one over the other.

  "Today was a challenging day. It was the inverse of the last two days."

Prioritizing the Big Account and Early Losses [2:08]

• Coming into the day, the trader was red on the week across both accounts and decided to prioritize the larger account.
• The first trade of the day in the big account, on a Japanese ticker LGPS following acquisition news, resulted in a $2,500 loss.
• This trade was not replicated in the small account.

  "So my first trade in the big account was actually on a Japanese ticker, LGPS. And on LGPS, this stock comes out with news of an acquisition right here."

A Biotech Stock Surge and Small Account Losses [4:10]

• A biotech stock, PPCB, experienced a rapid surge of over 300% on breaking news.
• The trader capitalized on this move in the main account, making $47,000 by taking higher-risk entries.
• However, in the small account, the trader entered PPCB trades on the "backside" of the move, resulting in a $323.09 loss for the stock.

  "So, here's the deal. Ended up making $47,000 total on the day with nearly $50,000 of profit in my main account on PPCB, taking higher risk entries right here as it was breaking away."

Shifting Attention and a Profitable Small Trade [8:40]

• Another scanner alert, YMT, appeared as PPCB began to drop, indicating a potential shift in market attention.
• The trader entered YMT with 2,000 shares, making multiple entries and exits, and ultimately locking in $739.38 in profit.
• The trader reflects on how different entry strategies and share sizes impact profitability across the two accounts.

  "And what was interesting was the moment that hit the scanner, it was like almost the exact moment PPCB started dropping."

Charity Milestone and Small Account Goal [10:38]

• The trader announces a significant achievement: crossing over half a million dollars in money raised for charity, with $495,000 already donated.
• The latest donation was to Make-A-Wish in the U.S. Virgin Islands, bringing the total to 50 children's hospitals and territories supported.
• Day 42 concluded with the small account challenge needing approximately $479 to reach the $100,000 mark, which is the goal for day 43.

  "Today, we crossed over half a million dollars of money raised for charity, and we've donated $495,000, and we did Make-A-Wish in the Virgin Islands, U.S. Virgin Islands today."