Overview
- Tom Rairdon adopted day trading to combat retirement boredom after leaving the radio industry more than two decades ago.
- A brokerage statement reviewed by Business Insider shows an 82% portfolio increase over three years with about $19,000 in unrealized gains this year.
- He focuses on volatile names with heavy buzz, including the Magnificent Seven and AI-related stocks, executing trades from his Roth IRA.
- His routine involves daily research, two to three trading days per week, and sessions of roughly two to three hours that begin around 8:30 a.m. MT.
- He emphasizes technical analysis, quick exits with a $100 profit target or an 8% loss cutoff, limits concurrent options positions, and urges newcomers to research and start with paper trading.