I Reset My Account to $2,000, AGAIN!

10 days ago, I embarked on a brand new

small account challenge. Funded an

account with $2,000, and I set out with

two very simple goals. The first goal

was that I would demonstrate for you

what it looks like for a seasoned trader

such as myself to trade in a tiny

account. Cuz when you're trading on a

small account, you've got zero margin

for error. Your back is up against the

ropes. You cannot make mistakes. Now,

for those of you guys tuning in perhaps

for the first time, my name is Ross

Cameron. I'm a full-time trader and I

funded my first account back in 2001, so

nearly 25 years ago. But I'm probably

best known for turning an account with

less than $600 into what is today more

than $20 million of gross profit. This

is a huge achievement. But during the

last couple years in this account, I've

been taking a lot of risk and I've been

trading with huge positions. So, I got

some feedback here on the YouTube

channel of traders saying, "Ross, it's

cool to see you locking up $275,000

on a nice green day, but I'm trading in

a $2,000 account. I'd like to see how

you modify your strategy for the small

account style." So, I took you up on the

challenge. And so what I said was that

for this challenge, I would document

every step along the way, beginning with

a master class, a nearly two-hour long

course where I'll teach you the exact

strategy that I will trade during the

small account challenge. And I decided

to provide you guys with a lot of

written resources that you can download

and utilize in your own trading as well.

So I'll put a link to those PDF

documents here in this episode. And at

the end of this episode, I'll put a link

back to the nearly 2-hour long

fulllength training. So, if you haven't

already watched it, you can go back and

watch that. Now, the second goal of this

small account challenge was that I would

donate all of this profit to charity.

So, guess what? In the first 6 days, I

grew the account from $2,000 to over

$58,000 in total profit, and I donated

it all. It's already gone. I wrote a

check to the Boston Children's Hospital,

and I wrote another check to the St.

Jude's Children's Hospital. And I wrote

a check to two other local nonprofits I

wanted to support. One is for food

pantries and the other is for

revitalizing downtown areas. So, as

awesome as it was to grow an account

from $2,000 to $58,000 in 6 days, I got

some feedback again from you guys right

here on the channel and you said, "Ross,

that was amazing, but you were using

leverage during the challenge, which

means you were taking a lot of risk."

So, if we jump onto the whiteboard, the

way leverage works is when I funded that

account with $2,000,

I had six times leverage, which means I

actually had on day one $12,000 of

buying power. And you better believe I

used it. Now, remember, this was for the

children. I wanted to grow that account

as quickly as I could so I could write a

big check to these children's hospitals.

But I also understand your point of view

for many of you who made this comment

that you're not using leverage. And so

it wasn't super realistic for the way

you would be trading. And so I decided

to reset my account back down to $2,000.

And so today I'm trading with a $2,000

account except I'm not using leverage.

So with $2,000 I've got times times one

basically $2,000 of buying power. So

this is my balance and this is my buying

power. This challenge will be

demonstrating what it's like to grow an

account without leverage. And I assure

you, it's going to be a little bit

slower, but as I often say, slow and

steady wins the race. So, let's go ahead

right on the slide deck here and jump in

with a recap of my first day. I began

the account with $1,940.

So, when I dropped the account down,

they took out a wiring fee. I don't

know, it must have been $60. So, that's

kind of a bummer, but it's all right. So

$1,940

gave me a total buying power at the

beginning of the day of just under

12,000. However, you'll see my buying

power in this screenshot reflects the

profit from today. So today's profit

plus my equity times 6 gives me my

current buying power. So today I locked

up $454.51,

which means my balance going into

tomorrow will be $2,394.51

growth of 23%. In today's episode, I'm

going to recap the two stocks I traded

today. I took a total of three trades

and I had three winners. Now during the

first six days, I maintained 90%

accuracy. So 90% accuracy is higher than

I typically trade at. In fact, if we

pull up my metrics right here, you'll be

able to see that typically, and this is

over the course of the last 10 years,

I've got accuracy of just shy of 70%. So

you'll see $20 million uh $20.5 million

here profit and accuracy is 68.6%.

Now, this year has been um has been

better at better than my historical

average up at about 71.8%.

So, some years are a little better, some

years are going to be a little lower.

And that's just the nature of trading.

But I knew for a small account

challenge, even 71%,

you know, it was not going to be enough.

I wanted to trade a strategy that would

be up around 85 90%. And so that meant I

needed to take my existing strategy at

71% and kind of tune it. I need to make

some changes. And this is what I would

call the small account growth strategy.

This is what I taught you guys in the

master class. And this is what I want

you guys uh to really focus in on. So I

have a link, it's pinned at the top of

the comment here where you guys can

download the PDF resources that

accompany that full length master class.

This is my small account worksheet and

my trading plan. The small account

growth strategy is to focus on trading

momentum on breaking news between 7:00

a.m. and 10:00 a.m. Eastern Standard

Time. I'm willing to risk 10% of my

account in one day. However, my goal is

to grow the account by 10% in one day.

So 10% growth every day that I'm

trading. Now, realistically, you can see

that my weekly growth is 70 is sorry

25%. So the way I calculated this was

that most likely I would have one red

day each week. So if I have five days in

the week, one red day minus 10% cancels

out one green day of plus 10%. So that

leaves us with 30%. And I carved half of

it off because I figured, well, you

know, might not have three days that are

really good 10% winners. So if I can

grow my account by 25% a week, that

would be pretty good. I felt that I

could do that as long as I was

maintaining 70 75% accuracy at a

minimum. By focusing on these five

pillars of stock selection right here

and by focusing on this candlestick

pattern, I've been able to maintain 90%

accuracy, which has therefore increased

my growth rate. I'm up 23% today and

this is day one. So now this sets me in

a really good position for the rest of

the week. Now, there's an important

point that we have to discuss for this

leg of the small account challenge.

Because I'm trading with no leverage, it

doesn't mean that I can't take an

unlimited amount of trades each day. So,

if we jump onto the whiteboard here,

there are really three different types

of accounts that you can have. You have

a cash account, which you could set up

today with any US broker with as little

as a dollar. You could create a cash

account with Robin Hood or Charles

Schwab, doesn't matter. And these

accounts are all subject to a T1

settlement period, which means that

trades settle in one day. They settle

overnight. So in this example here, in a

cash account, if you funded it with

$2,000, you have $2,000 in buying power

today. Oops. Buying power today. And

that buying power runs up and runs out

as you trade. So, in other words, if you

bought a,000 shares of a stock at $1,

that's going to use $1,000 of buying

power. So, now you're going to only have

a,000 left in buying power. So, then you

take take a second trade of exactly that

amount. You could still day trade in a

cash account, but you take a second

trade, you use another $1,000. Now,

you've used the full $2,000 of buying

power, and you can't take any more

trades because your buying power has now

gone to zero. You've used all of it up.

So as you trade in a cash account, your

buying power goes lower and lower and

lower. Once it goes to zero, you have to

wait overnight. All those trades settle

and then the next day you can trade plus

or minus whatever you may may have made

or or lost. Now this is very

inconvenient if you're trying to day

trade. While it's true that you can day

trade in a cash account, you are

restricted basically to only taking the

trades with whatever buying power you

have and then you have to wait till the

next day. However, in a margin account,

trades settle instantly. So, the

settlement period is instant. Well,

that's not actually true. The trade

still settles overnight, but the broker

lets you continue trading because they

know the trade is going to settle and

you're good for it. It's not like a

check that might bounce. So, they just

let you trade as much as you want. Now,

in this scenario with the $2,000

account, there is no limit. You could

take a thousand trades. You could take a

million trades in one day. Now, I

suppose your broker might not like it if

you did that because they have certain

collateral requirements for settlement

periods, but no one's doing a million

trades in one day. I guess unless you're

trying to run some kind of high

frequency trading algorithm. So, for

this strategy, taking maybe three to

five trades a day, this is going to be

perfect. Now, if we looked back at uh my

calendar for the uh days one through

six, on average, I was only taking three

to five trades. There were a couple days

I took more. a few days I took less. So

this is what I'm gonna have. However, in

the United States, whenever you get a

margin account, it automatically

includes leverage. Leverage in the US is

times 4. Internationally, it can be

times six. It can even be higher. So

that means this is all of a sudden

$8,000 or $12,000.

So here's a question that I'm going to

pose to you in this leg of the

challenge. Since I'm not using leverage,

should I trade differently? Let's say,

for example, today the first stock that

I traded. So, we'll pull up the live

trading archive here. So, when I first

sat down this morning, you can see that

I had a total account balance of, let's

see, um, we're going to put it down

here. So, the total balance was $1,940

and that gave me $11,639

of buying power. So what I did was I

created a hotkey to only use 15% of my

total buying power. So that's just a

little bit less than um 16th. So

basically taking away the leverage. So

I'm only trading with my cash balance.

So for the first stock that I ended up

trading um I'll just hide this for a

moment. The ticker was VCIG and I bought

this stock at $7.88. 88 and I could only

afford 231 shares, right? So 231 shares,

right? 2 * 7 is 14. 2 * 8 16 uh 31

shares gets me to just under $2,000 of

buying power. So in that scenario,

you've So that scenario we're trading

right here. So uh 231 shares times $7.88

equals just under 2K. However, if I had

gone ahead and used the full six times

leverage, 2 * 6, we're talking more

like,300 shares times 788, right? So,

now we're just under $12,000 in buying

power. So, on this trade, how much did I

make? I had one entry and then I got

out. So, I only took one trade and I

locked up $252.

So, back over here. So the total profit

was $2 sorry 200

$252.

So now what I'm thinking down here is if

I had used my leverage I would have made

this times six. So all of a sudden we're

talking about you know more like

approximately $14 $1,500

just on that one trade. So, I think a

mistake that some traders will make is

when you're in a small account, you'll

think, well, if I'm up 20 cents a share

or 30 cents a share or 50 cents a share

or maybe even a dollar a share, I

shouldn't take the profit off the table.

I only have, let's say, a 100 shares or

200 shares. I'm not up enough. It's not

even worth my time. I'm I'm trying to

make income from trading and if I can't

make at least 200 a day, it's not worth

it. But here's the problem. Now, what

you're trying to do is generate a 10%

return on your account. So, $2,000 going

up 10% in one day, that's $200 a day,

and you're not using leverage. So, now

you need the underlying asset to go up

10%. In order for you to make that 10%.

So, on a $7 stock, you need it to go up

70 cents a share. Now, that may happen,

and I was fortunate that it did happen

today on that first trade, but it's very

likely that it won't happen. So, let me

show you. Let me give you a little

example here. I think this is going to

kind of open your eyes. So, when you

look at this total profit here, this is

$6 million on the year. This is just

this year, but what we're going to do is

we're going to compare um winners and

losers. So, I'm going to go over to this

compare button, and I'm going to go

trade P&L winning and trade P&L losing.

And I want you to guess how big do you

think my winners are on average in cents

per share. So we're going to just do

yearto date and we're going to run the

report. I bet a lot of you would think

in order to make $6 million I must be

pulling dollars a share out of the

market consistently. And the answer is

that my average winners cents per share

are $18 this year. 18 cents a share.

Okay. So now today's trade is a little

bit of an exception because this went up

a bit more than I would have probably

expected it to. Um so let's just assume

it went up only 18 cents. Let's just

round up to 20 cents. So if it went up

20 cents a share. So now we're doing um

231 shares times 20 cents a share, I

would have been up um $46.

$46. Now, if I had taken that same trade

using six times leverage, I'd be up 260

bucks. And this is where I think it's

really interesting. This is a 20cent

winner.

A lot of small account traders will be

up $46 and they won't take the profit

off the table. They'll say, "It's not

worth it. I'm not selling till I'm up

100 or 150 or 200." And in other words,

what you're doing is you're trying

without realizing it to outperform a

trader like myself who's been doing this

for a very long time. You're trying to

somehow get your average winners to be a

full dollar a share. Now, it's great

today that I got a winner like that, but

that's not my average. My average is

only 18.

That's it. And so if you're trading in a

small account, you have to be really

disciplined about paying yourself. You

cannot get into the habit of the stock

goes up and then it starts to come down

and you say, "I'm not going to take it

off the table because I'm not up

enough." As soon as you start doing

that, you're setting yourself for

As soon as you start doing that, you're

setting yourself up for failure. So

focus on these base hits. Yes. With a no

leverage account, it's not going to be a

lot of money, but every day you make

$46, you do that 10 days in a row, it's

460 bucks. All of a sudden, the account

is up 25%. Right? You do that for

another 10 days in a row, and eventually

you'll be able to start taking, you

know, 250 shares, then 275, then 300.

So, let me show you what the equity

curve looks like for these different

accounts. So, for a margin account,

well, we'll do cash first. So, for a

cash account, you start with $2,000. All

right? Okay. So, we're going to go kind

of like this. So, cash account's going

to look like this.

And it will increase at a certain point

once you have enough buying power, but

it's actually I don't even know if it's

going to go like that because you're

never going to be able to take a lot of

trades. So, it we'll just we'll just end

it there. So, kind of like that. It'll

it'll increase a little bit. I'm going

to go back. It's because it's it's not

even going to increase that quickly.

It's going to be a bit more linear like

this. a margin account. However, a

margin account is a little bit different

because with a margin account with

$2,000, you can take as many trades as

you want. So, this is going to move

faster and now you have leverage.

So, leverage uh something Warren Buffett

said is a I think a derivatives and

leverage, weapons of mass destruction,

financial destruction, because you can

do this. You could I I have done this

from $2,000 to $58,000

in on day six, right? I've done uh $500

to 100 grand. I mean, I've done $500 to

a million dollars. I've done these types

of challenges and it wouldn't have been

possible without using leverage. So,

here's the thing that you have to come

back to. No matter which type of account

you're using, the strategy should be

exactly the same. And this is a big

mistake a lot of beginner traders make.

They say, "I can only buy 10 shares. So,

I'm not going to take 18 cents of profit

off the table." And then what they end

up doing is they have really low

accuracy because every time they're up

18 cents, they don't pay themselves. It

ends up being a winner turning into a

loser. They finally stop out. So, they

have low accuracy. They have a poor

profit loss ratio and they don't make

money. And they say, "Well, listen,

Russ, that's easy for you to say. You

can buy 1,300 shares of this. You can

buy 2,600 shares of this and every 10

cents is 260 bucks, but it's not the

same for me. And I say, right now,

you've got to pay your dues. You're down

here. Don't change the strategy to

accommodate a small account. That's not

smart. Trade the exact same way seasoned

traders have proven is profitable, but

just do it with small size, knowing that

it will build and build and build and

build and build. Your buying power gets

bigger and you can trade more. So, I'm

in a margin account right now. So, I can

trade as much as I want, but I'm not

using leverage. Is the account growth

going to be slower? There's no question

about it. Now, if we look at my first

trade today in this small account, it

was on VCIG. So, VCIG hits the scanners

right here. And guess what? It's got a

breaking news headline. So, it meets all

five pillars of stock selection based on

price, rate of change, relative volume,

breaking news, and float. So, I pull it

up. I see that it's squeezing. It hit a

high here of about $780. It dips down

and as it rallies back up, I pressed the

buy button right here and I was looking

for the break through $8. So, I got

filled as you can see here at $7.88.

231 shares was the most that I could

afford. It ends up going from 7.88 up to

8 up to$820 up to 840 860 880 and 9. And

this is these are on 10-second candles.

So basically within 40 seconds, this

thing is peaking at $9 and I took my

profit off the table right up here. So

once it started doing these topping

tails, I got a little bit worried. It

ends up peaking and I sold half at

$8.97. I sold the rest at $8.95 and I

sold the rest at $9 a share. So I

basically got out kind of right in this

area here. These topping tails are

candles of indecision. They communicate

that weakness is coming in. And so I got

out. Now, as it pulled back here, I was

ready to take another trade on it, but

that didn't end up setting up. So, I

only took one trade. But now, you got to

kind of ask yourself, you know, what was

really stopping me from using the

leverage. You know, for me, this is

where I might have a different risk

profile than other traders out there.

And we all have our unique approach of,

you know, the way we look at trading and

the way we think about things. But the

way I thought about it even back when I

was a earlier trader is that I'm buying

and selling very quickly. I was in that

trade for less than a minute. So am I

comfortable using five times, four

times, three times or two times leverage

for a very short period of time? Because

the way I was thinking about risk is

risk is the total amount of money I have

in position definitely but then also

time. So, if I was holding overnight, I

couldn't sleep. And I still don't hold

positions overnight. So, even though I

could, I don't because when when it's

overnight, it's out of your control. The

market's closed. Anything could happen.

But what I felt was that if I take a

trade and it's a minute long, I don't

mind using my leverage for one minute,

getting in and getting back out. And so

essentially, therefore, if I want to hit

that $200 daily goal, I either need to

have a stock with a $2,000 account, have

the stock that actually goes up 10%.

Or if I'm using four times or five times

leverage, then the stock doesn't have to

go up as much because I can profit from

a smaller move by using that leverage.

And so that's where I can get faster

growth. So for me, it's always kind of

made sense based on my risk profile that

I was comfortable buying a position

knowing that I now own something of

value and as quickly as I can press the

button control Z, I'm out of the

position. Hot keys. So shift one right

here. We'll just pull this up and I'll

show you what shift one does. So we're

going to switch to the screen share

here. So when I press shift one right

here on Ford, it's going to enter my

order using uh approximately 15% of my

buying power. It prepares it for 186

shares. So that's the that's the order

ready to go and I have to press enter to

send it. Now if I press control Z, it

would close my position. If I was in a

position, it would close it

instantaneously. So with a press of a

button, I'm out. So when I'm actually

trading, I press shift one to get in and

then while I'm in the position, my hand

is sitting like this. I'm holding the

rip cord. I'm ready to bail out. The

second it doesn't look good, boom, I'm

out. And so for me, I'm very confident

in my ability to exit positions. And so

because of that, I don't have a problem

using leverage. But again, that

confidence comes with years of

experience. I always think as a beginner

trader, practice in a simulator, prove

profitability. Once you've built

profitability in a sim, trade with real

money using either a cash account or

instant settlement margin. No leverage.

Just trade with like 10 shares, super

small size. Prove you can make money in

the real market and then begin scaling

up. At a certain point in your learning

curve, you're going to think, am I

holding myself back? Am I throttling

myself back from further growth by not

using this tool of leverage that's at my

disposal? And when you get to the point

where you're telling yourself, listen,

it's just a no-brainer for me to use

this tool for these limited periods of

time, then that means you've got the

confidence to use it. I don't want you

to use a confidence without competence.

You need to be competent. You need to

have a track record of profit

profitability before you use it. But

once you've got that, then I think the

tool makes sense. Okay, so first trade,

VCIG broke the ice, made 250 bucks. The

account's now up 10% in one day.

Fantastic. All right. So, then we have

the stock EPSM that hits the scanner.

And it hit the scanner earlier when it

popped up. It then pulled back, popped

back up, pulled back, and I was watching

it for a potential curl. It moved really

quickly back here, but on lighter

volume. So, the level that I was

watching was this high here and the

previous high a day. The way I thought

about it was that if it breaks this

level here of 1691, what's the next

level? It's the high right back here. So

that was all the way up over $18 a

share. Actually$1 1932. So when I saw

this popping up, I said to myself, if I

don't jump in here, I'm going to miss

the move. So where did I get in? Right

here. It starts popping up, it dips

down, and I punched it right here. Micro

pullback, very small pullback. It breaks

through. It goes from $1850 to$,950

to 20 to 21. Pulls back, goes up to 22,

23, just under $24 a share. That's kind

of unbelievable. That's a huge move. The

only problem is how many shares could I

afford? 112 shares. That was it. So, I

jumped in and then I had my hand on the

rip cord. I was ready to panic and bail

out the second it wasn't looking good.

I'm in at 1823. It ends up popping up. I

take a 100 shares off the table at $191

partial fill and I'm all out. And just

like that, I'm up about $187 on that

first trade. Then it dips back down. It

comes back down to this level here. Now,

right here, I looked at that as possibly

support based on the previous resistance

level. So, when it came back to here, I

said, I'm going to go ahead and buy this

dip. So, I ended up adding back on it,

which gave me my second trade. Let's

see. So, second trade on it. I added

back at 1966 right here. And that was on

this dip. Stop was the low 1932 and was

looking for a possible curl back up. It

ends up dipping after I get in and then

popping back up. And I was able to get

back out for what ultimately was a very

small winner at 1982. And that was my

last trade. Now, as the day went on, we

had another stock that popped up, aka N.

This is another stock that squeezed up

and I really I didn't really understand

it and I said, "Well, since the other

two didn't work out as well as I wanted,

I don't think I'm going to trade this."

But look at this. It ends up making this

huge squeeze for about $450 all the way

up to just under $9.50.

However, ultimately, it ends up giving

it back as well. So, here's the way I

trade these. Focus on the chart. Trade

the price action. When it's bullish, I'm

buying dips, buying dips, buying dips,

and selling into the breakouts. Once we

get that MACD crossover right there, and

we begin stairstepping down, we break

below VWAP. I leave it alone. It's on

the back side of the move, and I don't

want to overtrade it. Now, earlier this

morning, we had a number of traders who

were posting their P&L from the previous

month. Today's the first day of the new

month, so it's often opportunity where

people share, hey, here's how I did last

month. And this was really impressive to

me. Um, there's a couple that I want to

show you. Um, so this was a member in

the community who posted his P&L right

here, which of course is a fantastic

month. It's green every single day. Uh,

but there was another student, Jack, who

posted his P&L here. And this one was

especially interesting to me. So Jack,

if you're in the comments, feel free to

give a shout out and talk a little bit

about your progress if you'd like to. Uh

Jack has been a member for a long time

and like a lot of members who joined

during the pandemic when he first joined

you know the market was on fire but for

a lot of beginner traders during that

period you know it really you would

think it was impossible to lose but it

was actually very difficult in a lot of

ways because the the challenge was

things were so volatile it was hard to

really know you know what was safe to

trade. And so if we scroll down here,

Jack actually posted his equity curve

that goes back to 2021. So it goes back,

you know, four years. And you can see as

he began his career, he went through

this very typical beginner experience of

losing money. And it wasn't until he

kind of based out and then began to turn

around that he started to gain some

confidence. And this was in 2023. And

then he had another period of a little

bit of a setback. Again, not uncommon.

Still early relatively in his career.

And it's just in the past six months

that he's really started to make some

big strides. And I think this speaks to

the power of showing up every day. Even

if you still have a regular job and

you're just doing an hour a day, gaining

financial literacy is something that

pays dividends over time. You just

gradually accumulate more knowledge and

more experience and it only benefits you

in the long run. And for a trader, you

know, like Jack, trading in a cash

account would be difficult because it

would limit the amount of trades he

could take. Therefore, it limits the

amount of experience he can gain. So,

trading in a margin account and now that

FINRA has approved reducing the PDT

level, this is going to be a big deal

because he could trade in a margin

account with a relatively small amount

of money and he gain a lot of experience

without taking a lot of risk. Trading in

a leverage account, well, if he had

traded in a leverage account, I think

it's safe to assume that all of this

would have been amplified times six. The

draw down would have been times six or

times four, depending on what broker he

was using. the recovery. I mean, the the

chart would have been the same, but

these numbers would have been times six.

And here's the reality. As a beginner,

he may not have been able to afford to

go down $180,000,

which is 6* three, right? He might not

have been able to afford that, and he

might have blown up his account right

here. So, I think it's important to just

comment on the risk of using leverage.

It's going to multiply and amplify

everything. So, if you're doing well, if

you have a track record that supports

trading with leverage, then, you know,

by all means, you're going to feel feel

confident taking that risk. But if you

don't have it, then you certainly

shouldn't. And so, I see some of these

uh students who are posting their P&Ls,

you know, $1,100 in a month. You might

argue this person, and I'm not picking

on you, Mark, by any means, you might

argue that he would have made more money

working at McDonald's. And while that is

true for this specific month, what he's

working on doing is building a track

record. He's working on building really

developing a proof of concept so maybe

he can get to a place like where Jack

was just for last month. Now you've got

other members who you know a little bit

earlier in their career and you're

seeing more red than green. This is

someone that needs to work on improving

their accuracy and I hope that they're

trading in the simulator. Some of these

may certainly be uh traders who are

posting um simulator profits. Some of

them are real money. Uh some of these

members have earned badges. Let's see.

We've got a member down here that had a

nice one. uh whereas some of them are um

members that don't have yet a badge. So,

it's hard to say if this is uh verified

profit or if this is just um you know

trading in the simulator. But

nonetheless, what I love seeing are

students that are in these various

stages of their learning curve. And so

you can see some that are very new.

They're still focusing on one trade a

day, being super disciplined and

building the track record. It's not

about the money as much as it as it is

about building the metrics, building the

statistics of a strategy that you know

you can trade. You know, really once

you've proven that skill, it's something

that no one can take away from you. And

that's what I love seeing. You know,

just that long-term growth. And you've

got to have that kind of long-term

vision that this is something that you

you want to be doing for a while. You

know, some traders come in and they're

just thinking, I want to go big. You

know, I want to double my account in in

one week or whatever the case is. And

although you've seen me do that and

there are some traders who are capable

of doing that, it's an unrealistic

expectation as a beginner. So as a

beginner, it's all about building that

proof of concept. You do it by showing

up every day. You do it by trading the

simulator. And you do it by just

constantly immersing yourself in a

community of people that are speaking

the same language. That's what they say.

If you want to become successful, you

got to surround yourself with five

people or six people who are already

successful at the thing you want to do.

So, we're certainly in a market right

now that's giving a lot of volatility.

It's a lot of opportunity. I do think

we're kind of between cycles between the

theme that was working really well for

the last six weeks and I think what's

going to come next. So, this is a time

to kind of throttle back a little bit.

It is a great time for me to be doing

this challenge. And as always, all the

profits from this small account

challenge will get donated to charity. I

want to thank you guys as always for

tuning in. Make sure you manage your

risk, take it slow, and I want to remind

you that my results aren't typical. So,

please really pay your dues and practice

in the sim before putting real money on

the line. If you haven't already checked

out my full length master class, I'll

put a link to that right there. And I'll

put a link to day one of the last round

with a small account where I was trading

with six times leverage. You might want

to check that out. I think you'll find

it interesting. Thanks as always for

tuning in. I'll see you for the next

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