Okay guys, time for a midday market recap. Well I can tell you that the celebratory candle is burning strong today as I finish the best day of the year. Today is day 8 of a small account challenge and the finishing the day up 1761 dollars I Started this morning with 1896 dollars and I'm up 92 percent in one day. So that means tomorrow this account is going to open around 3600 which is a 527 percent gain since January 1st this is the type of day that I needed and you know this is the type of day that I've been working up towards.

You know, since day 1, building up my account, building up the buying power and waiting for the opportunity to take a couple trades as I could really sink my teeth into and get a big win on today I had the buying power to do it. We had the setups and I was able to capitalize on them. So this also here on day 8 finishes with my 25th consecutive green trade. 25 green trades in a row I haven't had one loss in sure trader and it's because I've been very disciplined about the stocks I'm willing to trade and it's because I sell half when I'm up 20 cents and I put my stop at breakeven on the rest.

If I stop out flat on the rest, then I stop out flat. If it runs, then it runs. Today was the first day where I was able to get into a trade with 3, fit with 2,000 shares and get a 30 cent winner almost immediately. and that was on Apop I jumped into that 2,000 shares and was up 30 cents 600 bucks I Sold! It took the profit and that is what gave me the big cushion you know today I traded six stocks, six different names and I'm green on all six.

So I'll show you guys my PNL here for today. you can see it right here. These are the names I've traded Apop B, SP M Bv, XV L, EDS and TR and thst For those of you guys on the live stream you can see right here those are the names I've traded today So I started the day with BS P.m. I jumped into that and I actually thought I was going to lose on it I thought I had lost on it until I looked at my P&L and I was actually up $100 before before commissions so that one I got I got into right as the bell rang it was a gap and go set up I jumped in looking for the break, it popped up I you know it popped up and then all of a sudden that drops quickly I hit the bid I bailed out I thought with slippage I'd probably be read on the name but with 2,000 shares I got 5 cents profit you know 5 cents so it quickly went down but I was able to capture 5 cents before it turned direction.

so 100 bucks on that before Commission's and then I jumped in Led s I got in that again 2,000 shares it popped up. you know it didn't hold up as long as I wanted it to, but I got a profit on it, came back down, stopped out the rest. So $200 on that one and then apop. that was the one that really gave me the big cushion today.

So I can show you that trade apop you can see right here this week it's just been really pretty incredible with these stocks just running. We had SGL earlier in the week that went from like $4 to 18. Yesterday we had my OS that went from a dollar 72 $7 It's just it's crazy that we're seeing this type of follow-through but it's a great time to be building a small account because we're getting big moves now. The only risk is that a lot of these moves are getting reversed.

so we move up. you know, 2 points and then we come all the way back down and so you have to make sure you know you're getting in at the right spot, you're not getting in too high and that you're able to take profit into the squeeze because sometimes I've seen a couple of these drops like 80 cents or a dollar in one candle. So if you were holding the whole position, you know, looking for that bigger move and all of a sudden that drops down, you know it's going to be pretty bad. So let's see.

I'm just looking at the questions that you guys have. Yeah, so I've got a live stream right now on Facebook I'll upload this over to YouTube and I'm going to turn it into a podcast that you guys can watch or listen to a little bit later. Alright, so I'll show you guys on the Facebook live stream here. this is the chart for Apop.

squeezing up pre-market a little bit of pull back and then right here. We got this just big move. from what was it? four fifty up to six thirty. All right.

So I traded that move and then John one of the traders in our room. he got in this down here on the pullback which was a great entry. I Wasn't sure it was going to be clean because we squeezed up here and we were halted on a circuit breaker going up and then we came down and we were halted out circuit breaker coming back down and then right here. We based out right at our moving average, the nine moving average and that's where we were able to make the next move up.

So I could have done better on this one, you know? But generally speaking, I'm happy with the way I traded it and I also made thirty three hundred in my regular count on this one. So I did pretty well on this name. But the $800 winner in sure trader is you know by far the biggest win I've had on any stock by about three times. I mean I just haven't had a winner that was that solid.

So that one was awesome and then be bxv this one again. I mean from four dollars all the way up here to 750, three 740 I mean just a crazy move up three points out of nowhere and so this one again nice opportunity to profit on I wasn't able to really capitalize on this one as well as I wanted to because I only got a partial fill. so on that one I only made 74 dollars. but you know a winner is a winner and this kind of accurate see is something that I can I'd love to be able to get used to.

but I know I will have a loss at some point n VT R this is one of the more brutal ones. A quick spike up jumped in, rode the momentum from 650 up to $7 and then it turned around I Thought this would be the next one to start to take off because of what we saw in Apop B Vxv my OS yesterday and of course as GL earlier in the week but you know I ended up being wrong on that one. So but even still, I was able to capture profit into that squeeze so the move doesn't have to be sustained, it doesn't have to last for a long time. But if I can get myself up 20 30 cents, it's almost guaranteed that it'll be a winner.

I can sell the rest of it, break even, sell half for profit. Stop out the rest, break. Even so you know, my approach each morning is I have the same routine. You know today is just just like any other day.

Today it's just a day where everything connected and I was able to just get some great winners right out of the gates. So my day started by looking at the Gap scanners. So I'll reset this Gap scanner here to nine. Will do 9 A.m.

9 18 is fine. So this is what was on the scanners pre market we've got TBI Oh, it's a dollar so I wasn't interested in that. Already had 2.75 million shares of volume and then we had STRP $51 stock. don't care about it, Bs P.m.

Okay, this one I can get. you know I can Really? you know get interested in four dollars and fifty cents as the right price. 1.6 million share float and 296 thousand shares of pre market volume. This one is a win, you know I mean this is the type of setup it look for gapping up 46% so that when I traded CNT F I was watching light volume didn't end up doing anything.

apop. this one $4 3 million share afloat, 18 thousand shares of pre market volume also got them to that one Led S: 1.5 6 million share flow $4 50 Cent's 18% Gap You know these? These are the ones that I was really honing in on and it's pretty much my routine every single day. You know I look at the top 10 biggest gaffers and then I prioritize the ones with the lower float higher and of course the ones that have more volume. I'm going to be looking at a little bit more closely, but any of these gaffers between three and ten dollars, three and eight dollars I'm going to be pretty interested in and today I was able to get trades on the SPM L.e.d.s and Apop.

Those were straight off the Gap scanner thst wasn't one that I was watching pre-market I'm not sure if it was on the Gap scanner, but in any case, you know one of the things that I look for whenever I see one of these scanners pre-market on the scan. First thing I check out is the daily chart. You know well, the first thing I do is I doesn't meet my criteria from a technical standpoint for being the right type of stock to trade. Meaning is the float under 100 million at a max and below 20 million is ideal.

So it's a float below 20 million? Yes or no? it's yes. Then okay, passed. The next question is the price between three dollars and ten dollars? Yes? All right, let's go to the next one. So if I answer yes to those two, then it's worth me actually looking at the chart If the answer to any of those two questions is no I usually don't even look at the chart so you know even when I get up in the morning I open up my laptop.

First thing I do is you know, start looking through the scanners what's gassing up and I can tell right away. Okay, these are the four I want to look at the chart on So I look at the chart and the first thing I look at when I'm looking at the chart is is they're nearby Resistance: Is this gapping up into a wall? or does it have lots of room overhead to run And so what creates that wall with creates that overhead resistance? One of the things of course are the moving averages. So I look to see the position of the opening price relative to the moving averages on the daily chart and I use my exponential moving averages the 9, the 20, the 5th, and the 200. So if we're going to be opening above those levels, then I'm going to be feeling like this looks good.

We're opening above resistance. now. keep in mind that I happen to use the 9, 2015 200 and I happen to use exponential. You know, but another trader might happen to use simple moving averages or they might happen to use you know, the 8, the 1948, and 100, you know.

And so the result is that when you have a stock gapping up in two moving averages, I'm going to see the moving averages here here and here. but another trader might see them. You know here here and here. So when you're coming into moving averages, you know that there's going to be resistance in a lot of different places and that's why it's always just better to be trading a stock that's above those moving averages because just you're not going to have anyone regardless of which moving average that use seeing some type of resistance.

So for instance, you know this: a POV This one this morning was gapping up. You can pull this back a little bit and we're gapping up above our moving averages. Those three lines, the red, the white and blue. we're gapping up above that level.

So that's something that I like HM Ny4 for instance. Well, this one's not. Hmm, why um, hm. and why? Right here, this one is below the moving averages.

So every time I see this one on the scanner, it was squeezing up today. But I was like I Don't care about it until it's over this five dollar spot. because right now we've got this wall. You know here here, here and here and that's resistance.

So I Like to see stocks that don't have nearby resistance. you know, have room to really run. that's always. You know preferable this L.e.d.s I was like okay, it's opening above this purple line opening above the 200.

You know that's that looks good or actually it was just below but surging up through it. so like yeah, that looks okay I think it's going to. it's going to be above those levels so it's worth a try. Bs P.m.

again above those levels here, so it's worth a try yesterday. or was it the day before I traded cool and I bought right into that spike. So I which is really just I just it was not I wasn't noticing this but I bought right into resistance and that was a good place really to short it because we were bouncing off that level. It wasn't a good place to go long and I should have I should have known that I Just you know you have to make quick decisions and sometimes you neglect to check something you know.

especially when you're about to get into a stock and you're seeing the price on the level to moving, you know you're seeing that. Okay, this is something I want to jump on, but you don't always have time to check every single you know technical characteristic and so on that one I missed that the 200 was right there and as soon as I realized it I was like okay, this is going to be a problem I better just get out of the way. Another good example is the stock Le I know, sorry, um actually no I think it just le I Why is this not showing me any historical data? That's weird I don't know no historical data on this one, but this one was one that had been hitting resistance for quite a while at the 50 moving average. it's really strange so that I can't see anything on my chart there, but that's okay.

So in any case, you know that's kind of my process I look for the stocks on my scanner I ask a couple questions if they you know pass those tests. then I look at the daily chart. If a daily chart looks good, then I dig a little deeper and I start to check the news. You know what's the headline on this stock.

Why is it gapping up right? Why is the stock looking like it's going to open 48 percent higher than it closed yesterday? There's got to be a reason Sometimes that reason is easy to find. I can go on I log into the chatroom and of course we've got our news desk. so news desks has a lot of those headlines. If I don't see anything there I can check on stock to it so I can use my Ben Zynga feed or I can check on market watch and are you know, just ask people and usually I find a headline and might be earning might be you know, clinical trial results for a pharmaceutical company, it might be FDA announcements It could be like FCA You Fiat-chrysler you know a news about you know, emissions issue and stocks going down.

It could be you know with DGL Why the stock that makes the police body cameras that they wear you know they got. they get a new big contract by some law enforcement department that can You know that can be enough to bring in a lot of buyers. So Catalysts can come in a lot of different forms. And I don't try to necessarily analyze the catalyst too deeply.

If a stock is gapping up 38% well the markets telling me that everyone's interested in this in the company. you know I mean maybe the Catalyst doesn't really look that good and you see people on Twitter doing this all the time. They're like all this crazy. Why are people buying the stock? You know they? they don't even have, you know they're their total assets aren't even worth as much as it's you know, squeezing up today.

All of that may be true and you know the fundamentals will matter eventually. but short term, these stocks sometimes will run completely just in contrast or at odds with some of those fundamental characteristics or fundamental stats. So you can look at the ry s here. you know this is a stock that literally went from $3 to $100 a share.

And did it have any good reason? No. And did it come back down to three dollars? Yeah, it did. But right in here, you could be the guy who's like, oh no, this thing should never run. This is ridiculous.

I'm just going to short it so you know you're sharp. Ten thousand shares at $10 Can you hold this thing when it's when you're down a million dollars because that's literally what would have happened if you held from $10 all the way up to 100. You know the markets always right. So just you listen to the market for me.

I Try not to get too, you know, too preoccupied with the fundamentals or really trying to dissect the headline or read the earnings or anything like that. I'm not investing in these companies I'm not holding them for you know, weeks and months or years. I'm trading them and a lot of times I don't even know the name of the companies I'm trading I I'm I'm so focused on the technicals that the fundamentals just don't matter. And you know I'm a trader who in the last you know last year 2016, I made $220,000 I wasn't focused on fundamentals I wasn't digging into earnings and reading the whole report.

I'm just trading I'm just buying on short-term opportunities to capture profit. And the incredible thing is that as I'm showing you with this small account, it doesn't take a lot of money to make a lot of money. I started January 3rd with $583 and I'm up to 3,600 I mean that's over three thousand dollars in profit in two weeks. So the exciting thing there is that my my target for the month was to get over four thousand dollars of profit because that would have been the same rate of account growth that I had last year when I traded with the thousand dollar balance.

Last year I had a thousand dollar account and then turned it into an eighty six hundred dollar balance in one month. So I figured alright, this year with five hundred dollars I should be able to turn it into, you know, forty five hundred dollars in one month. Well, I'm 75% of the way there in eight days and I've got the rest of January You know I've got basically three, well, two and a half more weeks to get myself up to 4,000 I mean at this point I may be able to get closer to eight thousand CC maybe even ten thousand. I'm really not sure how far I can go.

but what I'm noticing is that as every single time I have a winning trade, I put a little bit of a bigger cushion into that account. you know, a little bigger cushion, bigger cushion, bigger cushion. and for every hundred dollars I put away my buying power increases by six. So you know this $1,700 today and profit multiply it by six.

And that's my new buying power. So this is going to give me almost ten thousand dollars more buying power than I had at the beginning of the day today. So tomorrow I'll start with close to twenty thousand dollars in buying power and my average position size in December was twenty seven thousand dollars in December I made twenty-one thousand total profit. So average day to day trade twenty seven thousand dollars.

I am getting very close to being able to trade the same way I traded last year in this small account in another week. I'll probably have thirty thousand dollars in buying power and then in theory I could be making twenty five thousand dollars a month. now. when I say twenty seven thousand was my average position size last last month, you know that was average.

So obviously there were some that were higher and some that were lower. So I'll need to be able to build the accounts up a little bit more to really be super aggressive. And of course you know you get aggressive on the wrong setup and you can quickly have a big step backwards. and that's what I'm still worried about is having a day where I get back a lot of profit I Know how quickly that can happen, you know I Just having done this before with a small account and you know over my years of trading I know that one mistake can easily cost me a thousand bucks and you know that would be a big step backwards.

So on my first trades today, I was risking $200 $200 was my risk on the first trade and then once I had a profit and I was up 300 on the day, risking 200 all of a sudden was like, well, hey, I can risk 200 and if I go back to being up only a hundred bucks, that's still a good day and I'll throw in the towel there. So I start putting in these kind of mental stops. You know, you know it's like, all right, I'm up 600 bucks I'm not going to leave today with anything less than two hundred dollars of profit I'm up. You know, $1,000 I'm not leaving today with anything less than $600 in profit and that's something that you've got to hold yourself to because it's easy when you give back 400 to try to, you know, get emotional and try to make it back.

but then often times, that's how you go all the way back to break-even so, discipline I mean that's really what it's about. And you know, even even this morning when I first got up I was like, you know Ross there's nothing to trade today. Don't trade. You don't have to trade every single day in the small account.

you know, Just if that's kind of part of my morning routine is all right. Take a breath, remind yourself if there's nothing worth trading, Don't Trade you. You really can't afford to make a big mistake, so be really smart about everything you trade. Respect the risk and that's you know.

I Say that to myself. you know all the time. I Say it to myself every day Someone asked me yesterday why I don't trade in the afternoons and you know one of the reasons is because it takes a lot out of me just mentally emotionally to maintain discipline and to you know, respect the risk and to deal with making these risks, risk analysis, decisions. you know all morning long to the point where you know by noontime I'm really kind of wiped out and it's almost like you're having to, you know, stand on a balancing beam or something.

you know for four hours. Like you have to be so alert, so attentive you can't allow yourself to slip up. You slip up for a moment. You can give back thousands of dollars.

It can happen so fast you know you lose your internet connection for a moment and suddenly a trade that you got into thinking it was going to be no big deal. It's going to cost you 500 bucks. So one of the ways you can mitigate your risk is by having less time in the market. And so today's a day where I traded the you know, the full two and a half hours 9:30 to 11:30 12:00 right around noon time and now I'm throwing in the towel and I'm done for the day.

I'm not going to overdo it I'm not going to overstay my welcome I'm going to take more money out of the market today than I put in and that's a that's a green day. That's a winning day. So total commissions today? right? around $200 I over traded. I mean, I traded a lot, but at the same time, I think that those trades were all worth taking and that's the price you pay if you want to be aggressive.

Realistically, even if I was trading my in my speed trader account, my commissions would still be pretty high today because I traded six different stocks. So let's see, my total commissions today are one hundred and twenty six dollars and thirty nine cents. So let me pull up my calculator here. Let's see.

so 126 Three Nine divided by Four Ninety Five is thirty trades. Like all them 126. Oops, One point Six Point Three Nine divided by Four Point Nine Five Twenty Five trades and looks like there's to meet CNCs or something in there also. But right around Twenty five trades.

So divided by six stocks is about four executions. four tickets for each stock I traded. So one entry and then I sell half and then I sell a quarter and then I sell the rest and on some of them I Bought half I doubled the full size and then sold half and then sold the rest. So you know, averaging for four tickets per trade, you know, which is sure trader is.

you know five times four is twenty bucks for every stock I want trade? So you know that means with a thousand shares my first penny is going to commissions or two thousand shares with a thousand shares my first two cents. So this is something that you know I'm continuing to deal with but it's just kind of paying the dues. You know I mean if I want to be able to trade, if I want to be able to trade with small account, commissions are going to be a little bit higher and you know I should I have to deal with right now. Now for our students, we have a broker rebate program with shirt Raider which is really cool and I'm actually I'm trading right now with the totally regular Commission's at shirt Raider I could try to call them and negotiate.

I mean I could be like look you know we send you a lot of business. could you give me a discount on Commission's and they probably would. but I wanted to trade in this account the same way that anyone else would trade in it and not have that kind of special advantage. So what I've you know decided to do is just let the Commission's be what they are which is 495 per trade.

Having said that, our students who are trading with Short Trader many of them are eligible for a broker rebate program which means that Sure Trader is going to essentially subsidize you guys taking one of our classes. So I'll show you this screen here and what it means is that when you sign up for our classes, you then send a copy of your receipt to Shore Trader and they're going to reduce your Commission's until you've saved an equal amount to recoup the total cost of your of your education. Now you know this is a pretty cool way to get your education paid for by your broker. We also have this agreement with Lightspeed Financial and with Speed Trader Light Speed and Speed Trader are for US residents and Shore traders for international students.

But in any case, you know just something that you guys should be aware of because that that right there can help you give you that little extra edge as you're getting started, help you reduce your commissions. And as we can see here with my trading, those commissions do take up a you know, pretty big piece of the pie. bigger than I'd like, but it is what it is and I'm going to deal with it. And I'm going to show you guys that even if you don't have the special advantage of you know the broker rebate program, discounts and stuff like that that you can still make a living with a small account.

You know this week I'm up. we'll see I started the week with 1200 bucks. So I'm up. How much am I up this week? Twenty-six hundred, Twenty Four hundred dollars in one week? I Mean who wouldn't want an extra twenty four hundred dollars a week? You know that's that's over a hundred thousand dollars a year from a five hundred dollar starting balance.

So again, you know, asking the question: Is it possible to make a living with a five hundred dollar account? I Think it is. And is it possible to take five hundred and turn it into twenty five thousand and then turn it into a hundred thousand? Yeah. I Think it is. I Think it's just a matter of discipline.

It's having the discipline to only take the best trades, having the skill, and the experience, Skill and experience. Those things you know come with time and that's why, of course. I Encourage everyone to practice in the simulator until you're able to produce these types of results in the simulator. And once you can do this in the simulator, there's no reason why you shouldn't be able to do it with real money.

The problem is, a lot of people jump in and start trading with real money. you know, overconfident. a little impatient a little too soon, and that's what I did. And I'm not trying to give anyone a hard time because you know I've done the same thing.

but it's just if you want to really prepare yourself, you'll practice before you go Live All right? So Mohammed to answer your question, Sure, trader will give you margin on stocks above three dollars. so anything below three dollars you don't have margin on and and that's the you know that's the reason I'm not able to trade a dollar, fifty stock or something like that. and even now they've put on margin restriction apop because it's because of the volatility today. So as these stocks start to get volatile FGL my, OS, etc they go on March and restriction and then you're kind of limited.

so you really got to get in there in the morning, capture as much profit as you can, and then get out of the way. All right. So yeah, Matthew that might be right. It's two to one under three dollars, and it does vary a little bit sometimes if a stock was just at three and then dipped below.

yeah. I've noticed some inconsistencies, so I'm not a hundred percent sure on how that works. So let me answer some other questions that you guys have. Let's see, and yeah, I do these read cabs pretty much every day between 11:30 or noontime depending on the day and what's happening with trading and stuff like that.

And yeah, Joe You know a lot of people like the Power Hour they trade the last hours of the day I've just never really done that well in Power Hour So for me, the morning is where it's at. Let's see Leverage with options. That's a good question. Thomas and I'm not trading options, so I'm not sure you'd have to ask.

Sure Trader: I'm not sure if they give you leverage with options. It would seem a little risky if they do. a Cyrus in the chat room says no leverage on options so I think he's right on that. So yes, Thomas I am still using my hotkey to buy 95% of my buying power.

With that said, starting tomorrow, my buying power has just, you know, doubled. Basically, my buying Howard just doubled because of my trades today. So I don't think I'm going to want to continue using that hotkey because it's going to get me in too deep too quickly. So I might go in and change that now that my accounts a little bit larger to 50% of my buying power.

You know what I'll actually do is I'm going to have two hotkeys. Shift one will be 95% and shift 2 will be 50% So that way I can kind of scale in with a little bit of smaller size. if I just feel like I'm not sure I want to go in 100% on this. And yeah, the fantasy stock trading simulator does have hotkeys.

The only thing to be mindful of is that sometimes their software incompatibilities where if you've got other software on your computer that is are mapped to those keys. for whatever reason, it's going to override the simulator. and I've even had that problem with Speech Writer and Short Trader because I'm running two platforms at the same time that both use the same hotkeys. But you know, aside from some computer issues, you should be able to use the hotkeys.

And yeah, Brett you can perman. You can do a screen capture to print the hot key list as part of chapter 11 of the day trading course. You guys can download my hot key file and then you copy/paste that you put it into your own trade ideas or your own. I'm sure Trader or Speed Trade or Folder and they'll just populate just like that.

So you guys that are in the classes can do that. Those of you that are in the chat room, not in the classes, there's a page that has all my hot keys on an Excel doc. I'll give you the link here in the chat room. There you go.

Alright, and Desmond I'm not using trailing stops on these. but my problem with trailing stops and I suppose my problem with stops in general is that you get stopped out when the stock is going down and when you get stopped out when the stock is going down and you send the market order, you get filled lower. I'd rather sell when the stock is going up as much as I can. So once I've sold half when it's going up and then another quarter when it's going up at that point.

I just have my hand resting over the ctrl Z button to bail out, you know? and if you saw my keep my hands the way I trade and I've done a couple videos that are in the classes on this, they're just constantly hovering over those those keys ready to bail out. You know the moment that something's not looking right and that's what I have to do in the small account. I've got to be really quick. Click to get in, click to get out, you know, and definitely not overstay my welcome if something doesn't look good, so that's what I call the breakout or bail out mentality.

I Get in these stocks like you can see on Apop I Get in at the apex point expecting immediate resolution. So when I got in this one or actually I tried to get in this one right here at 8:10 and that's when I realized that it was on margin restriction when I tried to get in right here at 8:10 So I was like oh, you know, shoot I can't get in I tried to take 2,000 shares and I was expecting because this was the first 5-minute candle to make a new high. This little red candle the high was 810 and these has all come lower lower lower. So the first candle the green ones make a new high was my entry entry at 8:10 2,000 shares I Sent the order and sure trader got rejected.

Not enough eyeing power because they restricted margin and that candle spiked up to a high of 878. That would have been a thousand dollars in that one trade. And you know what maybe you'd say. it's a little risky for me to try to take a thousand or two thousand shares of that, but I was already up $1700 on the day I was already up so much that even if I lost two hundred which would have been the full ten cents top or even if I got some slippage and I lost 300, I've gotten nothing look cushion that now I can use that as leverage to kind of propel myself up to a bigger day.

And so what I found is that on my best days when I'm hot I put the pedal to the metal I get aggressive I start taking bigger sighs and that's what I'm able to turn you know an $800 day into a $1700 day because after my first three trades today, I was up 800 bucks and I could have said you know what, that's good walk away but I said no this is a little bit of a cushion. This is the best day I've had of the year. I'm going to start to kind of roll in some of these profits, leverage it for the bigger move so you know in my regular account those are the types of days where all trades dive stocks and I'll make $5,000 in the small account six stocks $1,700 1950 before commissions before commissions. This is a over 100 percent gain in one day.

so definitely pumped about this day. and it's just this is a great great start to the small account. I mean at this point with the account up 500% even if I do have a couple of red days where I lose 200 bucks or 300 bucks now I can afford it Now it's not going to kill me. I've kind of worked really hard to build up the account, build a solid foundation, and now I think that this is something I'll be able to use to keep me going through the rest of January as I work towards that $25,000 target.

that's my goal to get there as quick as I can and you know I was projecting March for the 25 thousand dollar spot. Obviously I'm only even even though today's a great day I'm still only about. you know, fifteen percent of the way there I've got a ways to go. but I know I've had twenty five, thirty five thousand dollar months so I could get there sooner.

But I don't think I'm going to be as aggressive as I would be during those months in my regular account because I know I can't handle a three thousand dollar loss and the way you have usually $3,000 or $4,000 days, it's by taking more risk and I can't really handle that right now. So going to trade smart, just keep trying to add on these winners. Tack on a little bit here, a little bit there and you know what? every now and then I'm going to be in the right place at the right time. 2,000 shares it's going to connect.

I'm going to get that 30, 40, 50 cent winner and that will be $1,000 So the goal is that my equity curve is slow up, slow up and then a little bit of a jump and then slow up. slow up a little bit of a jump. Okay, so same risk on every trade. Not going to get too crazy tomorrow.

I will reduce my buying power hotkey a little bit so you know just kind of pull back and also tomorrow's Friday I Want to finish the week strong and Friday's can sometimes be a little slow. Alright guys, so that's where we stand here. Thursday Day 8 of the small account challenge of 92% total profit on the year. five hundred and twenty seven percent gain.

Just really, really solid. about thirty two hundred dollars in total profits. Alright, so any questions, you guys can feel free to email me Ross at where your trading com. Let's be honest, if you made it this far, you must have really enjoyed that video.

So what's stopping? You subscribe right here and get email alerts any time I upload new content. Until then. Happy surfing!.