March 14, 2025

$5.3K Payout: A Penny Stock Shorting Masterclass

Table of contents

    How was it to get the payout? “The best day of my life, it was great, very easy—after a day or two, that was it.”

    Welcome to another Trade The Pool funded trader interview! Today, we have Dana O., an $80K funded trader from Canada, who received a whooping $5.3k payout.

    Inspired by “Rich Dad, Poor Dad,” he wanted to emerge from the lockdowns with more knowledge. He started trading every day, and it all began to click.

    Since joining Trade The Pool, he was able to short small caps with ease and earn a huge profit with a limited risk trading platform.

    Will you be Trade The Pool’s next funded trader?

    Watch Dana’s Interview

    Dana’s 80K Evaluation: How He Got Funded

    For his successful $80,000 evaluation, he made it a habit to journal every day. This practice enabled him to identify his trading edge and systematically refine his strategies.

    He attributes this habit to keeping him on track and achieving optimal performance over time.

     

    funded graph of Dana O. - a funded trader from Canada who got a 5.3k payout

    Dana’s Trading Style

    He primarily focuses on shorting daily gappers with significant pre-market or intraday price gaps, targeting double tops with a doji candle confirmation.

    Dana uses TradingView’s replay feature for backtesting and exits losing trades quickly, the instant momentum shifts against him.

    More About Dana

    In the past, he tried trading Tesla and Nvidia, but didn’t suit his preferred style and strategy. Dana has been with Trade The Pool since May 2024.

    Not only was he able to achieve a $5,300 payout, he also scaled his account from 80 to 85K buying power.

    Dana’s Tips

    • How do we know it’s time to short? “When there’s a Doji, two long wicks and a very small body, that’s something I look at. When the candle closes, I enter right away.”
    • How do we know if it’s the top? “Maybe it will go to $12, I wouldn’t know. That’s the risk I’m taking. I’ve seen it a lot on backtest, if it keeps going higher, then I’m out, like $0.03, $0.04, I’m out.”

    Funded Trader, Dana O. – Closing Thoughts

    Dana O. is an autodidact who started his journey during the lockdowns. From that moment, he decided to take day trading seriously and began to trade daily.

    He eventually found his edge, everything started to click, which led to his success of cashing out a huge $5.3K payout with Trade The Pool.

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