What's up everyone? All right? Well today is a red day recap for the small account and it's uh, salt in the open wound to see the stock that I lost on that. I lost big on. um, I got in at 32, 80, 30 to 60. it dropped to 30 and I stopped out.

So I lost 600 550 just on that train. It went a little lower to like 29, maybe 28 and then just ripped up to 34.74 without me. Oh gosh, that hurts you. just feel like you had the right idea, had the right idea, but the timing was wrong and the problem on that trade was.

I ended up having a poor profit loss ratio and I'll talk about it during the recap. You know God didn't think he was going to break immediately and then it flushed and at that point I was down so much on it that I gave it room, uh, to bounce. And it did, but then didn't really work and it just became a bigger loss. And so you know, the challenge of the small account today was that I hesitated on a similar trade early.

That ended up being a big winner in my main account. I was like, ah, it's too risky for the small account. I'll trade it in the bank account. I could have just taken it with smaller size in the big account, but or a small account.

but I didn't. you know. In any case, so I didn't trade it at all. in a small account, it makes a big move.

And then when this one this opportunity showed up, I was like oh, I'm not gonna miss that and I took the trade and then you know that's the one that doesn't work. So the challenges of trading in a small account, missing an opportunity, then Fomo kind of overcompensating getting into the next one and then not wanting to give up on it. So kind of a bummer here. Day 21 Red Day recap.

But um, it's okay. I'll have to trade another day. I'll be back at it first thing tomorrow, so I'll see you guys then. Uh, Day 22? Hopefully.

Uh, not for a third red day recap. But for a Green Day recap? All right, hit the thumbs up. And as always, remember, trading is risky. Most beer traders lose money.

That's a typical experience you should assume, therefore that you will lose money. You should trade in a simulator before you put real money on the line. All right, my results are not typical, so take it slow. All right.

enjoy the recap. I'll see you tomorrow. All right everyone. So um, finishing the day in the small account down 643.99 That's a bummer for sure.

That's a big red day. Um, I didn't trade that in it at all. Yesterday I didn't see anything that looked good and today I felt a little antsy. I was like I can't just not trade in it multiple days in a row you got to find something.

And so the first stock I traded was Xbio Xbio. Well, so in my main account today I'm up 23 000. I had a great day in the main account on Ahpi. The problem is that I didn't feel that I could trust this one in the small account because at the time the spreads were big, the price was too high and so I missed the opportunity.

I ended up overcompensating by then taking a trade on Acy in the small account, but then highlighting exactly why that's probably not the right type of stock to trade in a small account. So anyways, I missed Hpi in a small account, traded it in the big account did well. That's fine, but in the small account, the first trade was on Xbio, so on Xbio. As it popped up it was right around uh here that I got it.

as it popped up here. I got in at Um 4 and it pops up to a high of at the time 425. It did not break and I stopped out break even. Well, I lost 16 on it.

No big deal, it came up and tried it again, it failed and then finally it did break through that level. but then it failed pretty dramatically. So that was kind of a bummer. Um, I'm not even.

I'm not really sure why um that that was the case, but it was just. it was choppy and you know the fact is. I guess one of the reasons why is. that it wasn't one of the leading gappers.

It wasn't one of the obvious stocks and so you know I. I should have just left it alone. Well I immediately then jumped into Ocx. You know I get read 16 bucks and I really want to kind of get green.

So I jump into Ocx which um, had just squeezed up and I bought the bounce off the V-wap at 5 11.. So in that fire 510 stopped on that at 503. I couldn't afford to keep holding it as it pulled back. lost 94 on that, putting me down 111 on the day.

Then I didn't take any trades until acy acy. I decided to give a stab on it and that was right. It was right about here. I bought it at 3262 for the break of 33.

I thought at this point's a flat top. at that point it was a five minute setup and I thought it looked good. It dropped all the way to the V web. I held through the pullback.

I was down like 500 because I ended up stopping at about the same price right here. So I held through the pullback. I didn't intend to initially because I got in the trade thinking it was going to break 33 right then and I was going to have a winner immediately. And when it hesitated and dropped then I kind of thought, well shoot, I don't really want to stop out on this for a dollar a share loss, it's we.

First we have this yellow ascending support line. it broke that but then I'm like, well, the Vmap's right there and it bounced off the view app from 30 50 all the way back to 32.50 Two point bounce off the V back. You know what? This thing may end up going today, but unfortunately I held through a much bigger drawdown than I had planned on. so I was down 500 on it, then comes back up to basically down 10 cents.

But at that point I was like no, if this breaks 33, that's the spot and it hit 32.50 and then dropped And I stopped out right there. And so unfortunately on this one I just could not, um, keep holding it. And even though it's up from where I sold right now by a dollar a share, if I had kept holding it, I could have risked it going into a halt down. So you know, today highlights, um, one of the challenges with trading in a small account that sometimes you miss the stock that ends up being the big mover because you think you can't afford the risk and then because it worked, then the next one that's risky.

you take the trade on it, but of course it's still risky and then you end up not taking loss on it. So I'm disappointed to have a fairly large red day here. Um, it's not my max loss, but it is three red trades and so I'm not going to take any more. So between days 20 and 30, taking three trades a day is fine.

But I just went for that last trade thinking I'd get green and I just couldn't do it. So discouraging. But uh, you know it's It's the way it goes with small accounts. And the challenge here, especially is the level of patience it requires.

It requires so much patience because small accounts can be so slow. A small account is a slow account and that's a good thing. but it's it takes a lot of patience. and for me, um, I think that's where the frustration kicks in a little bit because I end up missing, you know, an opportunity and then I'm kind of feeling fomo on it.

and maybe I trade in the big account, but you know, I'm missing a small account and then I'm just like oh man, it just kind of gets to you. So that's kind of what I'm feeling a little bit today. Um, just like you know, just like a little bummed out and you know it's this is like 600 is like my biggest green day and you know the trade on Acy. I wouldn't have made 500 on it if it had worked.

I was probably only going to make like 200 of them. So you know to be down 500 on a stock. I probably only have the potential to make 200 on. Is that classic? You know, negative profit loss ratio, which is the result of sort of holding and hoping.

And that's a problem. So I think that these problems are compounded by trading in a small account in a large account. Uh, using leverage. I can get aggressive on the stocks that are strong.

I can afford to trade them. and uh, you know, the stock that I made the most money on today's Hpi. I didn't even touch it in the small account. You know I.

I just let it go without me. So it's a small accounts are a challenge, but at the same time it's a proof of concept. That's the whole point it's You know, it's sort of a just can can you keep your head above water? And if you keep your head above water long enough, then clearly you're doing something right. And then at a certain point you recognize if you're swimming with weights around your ankles, maybe you should take the weights off and training.

A small account sometimes feels like swimming with weights on your ankles. Because you're You're held back by share size. You're You're held back by the risk. And so if you can make it in that small account, then that's when.

Well, you have a small account slowly over the course of six, eight months or whatever it is, grows to a big account and then that's fine. Or you say, you know what it's worth me justifying investing in myself and turning it into a big account. You know, by moving money from somewhere or selling my old car. Whatever you know you might do.

which are things that you know. I've done myself when I was trying to keep my account large enough to to trade, because I knew small account would be challenging. But uh, you know again, it's a challenge that I took up here during a time of year when statistically there isn't a lot going on. So yeah, just kind of taking a couple trades here and there.

I'm not, I'm disappointed, but I'm not super stressed about it. Um, I've been interested to notice that the interest in the small account has been waning on, uh, on Youtube. You know. I kind of thought that people would be more interested in it.

That was sort of the ideal. Okay, people really want me to do a small count challenge. All right, I'll do it, but consistently every single day my recaps are getting almost twice as many views on the main account in the small account. People are really excited on like day one and two and it's just like, not interesting so I don't know.

Um, I'm wondering whether or not it's really interesting to people. I mean, the statistics are telling me it's not, but maybe today is a red day we'll get more views, so that's it for me. As always, training is risky. My results are not typical.

take it slow one tray at a time and we'll be back at it tomorrow for day 22. And that right there was an entire video with no ads. I don't monetize my Youtube channel with video ads, which means you guys get to enjoy the content. But do me a favor.

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