Kardec Trader shares how he caught a major trade during COVID-19 using SPC stock, which spiked on news about the creation of a space force. The video reveals the specific method traders use to identify their best opportunities before they move.
One of the best trade, which I did during the COVID 19 time where I didn't even understand what was happening was on a sticker called SPC that day Donald Trump was the president and he announced that he's going to have like a space force. So everybody goes scrambling around to look for some company which has space in its name, right? So this particular thing had SPC which sounded like space. So it traded more than 9 million shares. And I said like, it sounds interesting. Who am I to argue with it? The stock went up 134%. After some days there was like another news Item and then 97 million or some shares of that stock traded. And I said like and if 97 million shares traded there should be something here. I'm just going to put 5% of my account on it. And it went up like some 100, 200%. A lot of time I traded these 9 million EPS just because there is volume.
