My Account Is Up Over 1,000% in 17 Days...

What's up everyone? Welcome to day 17 of my 
small account challenge of growing a $2,000  
account using Charles Schwab as my broker. Today's 
a green day, but I fumbled a little bit on the one  
trade that I took. So, one and done. That kept it 
simple today. Solid green day. So, grateful for  
that. But the trade that I took, essentially what 
happened was we had a stock that had breaking news  
and immediately surged up and became the number 
one leading gainer in the entire market, making  
it obvious. So, as it did its first pullback, I 
didn't jump in because I wasn't too sure about it  
yet. But, as it did the second micro pullback, 
I punched it. But in just the seconds between  
when I pressed the buy button and when the order 
was received by the market and then when it was  
executed, the stock was squeezing. So, I ended up 
getting some slippage on that entry, which means  
I got filled at a higher price than I wanted. 
As soon as I realized that, I was like, "Uh oh,  
if this thing keeps going, I better just get out 
right away." Because the problem with that extra  
slippage is that it throws off my risk-to-reward 
ratio, right? My profit to loss ratio. So now,  
instead of risking 15 cents, because I got 15 
cents of slippage, actually was closer to 20  
cents of slippage, now I'm risking like 3540 cents 
a share. So to get a 2:1 profit to loss ratio, I  
now need to make 80 cents a share, which although 
is not impossible, is a much bigger ask. And so  
the second it starts to look a little iffy, I got 
to get out because now I know I'm in a little too  
high. And if it does flush down quickly, you know, 
that could be a problem. So we'll break down that  
trade as we get into the recap. As always, all 
the profits from these small account challenges  
are getting donated to charity. We have now 
raised over $357,000. And today I donated  
$5,000 to the Children's Mercy Hospital in Kansas 
City. So, we have now donated $367,500, which  
means I'm a little bit ahead on the donations 
versus how much money I've made in this challenge,  
but I'm giving you guys a chance to help me add 
to how much I'm donating because every time you  
hit the thumbs up on the episodes in the series, 
I add an extra dollar for my own pocket of how  
much we're giving away to these hospitals. So, the 
goal is to raise money for 50 children's hospitals  
across the United States. Okay, so day 17 coming 
in this morning. There was nothing obvious until  
V-Wrax hit the scanner. When V-Rax hit the 
scanner, that became the obvious stock right  
here. But until then, none of this was interesting 
at all. PMA, yeah, it's got 14 million shares of  
volume. It's a little cheap. RPGL, a little cheap. 
It's got some volume, but it was only up 30%. SOT,  
not a lot of volume and a little higher priced. 
But when V-Rax came out suddenly with news,  
it was like, "Okay, this is game time." So it hits 
the scanner down here at about $341 and that was  
15 seconds after the news came out. So the news 
came out and then what happens? Immediately some  
algorithms and maybe some traders who were even 
faster than than I was in seeing the news jump  
in the stock immediately. So instantly it starts 
popping up. Now the fact is it was only on 37,000  
shares of volume. So it's very light volume all 
the way up to 398 and then up to 472 and up to  
533. So it starts moving. Volume is increasing. 
As the total volume goes up so does the relative  
volume which is good. And we see that we've got 
this headline right here. Medical diagnostics and  
screening healthc care sector. Okay. Foreign 
company. U we have traded this one before in  
the past. And so this is the chart initially. It 
pops up here, pulls back, pops up a second time,  
pulls back. as it pulls away right here. I decide 
to jump in on the micro pullback for the break  
of six, but I end up getting filled at about 630, 
which was higher than I wanted to get filled. So,  
that was just a combination of me maybe pressing 
the button a little slow, thinker swim, being a  
little slow, and the market moving quickly. 
However, I was able to lock up $2,262.35,
which is a really solid profit. That's a 10% 
return in one day, which is pretty much my  
goal for the small account challenge, 10% in 
one day. So, I had 20,000 in the account to  
start the day. Now, I've got $22,867, which 
means the account today just crossed over  
1,000% return from 2,000 to 22,000. I'm up 20 
grand in profit. A little over 20 grand. So,  
that's a 1,000% return. It's taken 40 trades to 
do it with 77% accuracy and the average winners  
of $521. But before we stop there, let's take 
a look at V-Rax because it continued higher,  
which is great to see. So, the stock is currently 
up 236% after peaking a little over 250%. I did  
end up trading in my big account. So, I'll have a 
recap for the big account later today as well, but  
essentially what happened was we had this initial 
pop right through here, which represented the  
first trades. And so, this was that little micro 
pullback at six that went up to a high of 750.  
Then it pulls back and in this area it was pretty 
choppy. It was a little heavy. Um, you know, it  
was just sort of didn't want to really pull away. 
And then finally right here, it pops up and boom,  
we got this squeeze up to 824. And then again, 
it's kind of choppy, kind of choppy. Pops up,  
rejects back down, pops up a little bit, 
rejects back down, sort of pulling back,  
tries to come up again, rejects back down, tries 
again, and now it's a double top with the with the  
uh previous high. pulls back, can't really hold 
over that level. It sort of like pulls away a  
teeny bit, but not in a meaningful way. Drops back 
down and then it comes back up again and then big  
rejection right there. And then as we get closer 
to the open, it comes back up again. You get this  
big breakout right here and then we go up to 10. 
Little pullback all the way up to 12. Nice. Then  
we dip down. We can't get higher right there. 
And then at the open, it kind of softens and we  
pop up. Then we halt down and now we're kind of 
in between. So, you know, it might not have been  
the easiest stock u that we've ever traded, but 
it did go up over 200% on breaking news and that  
is nice to see. And if I even if I only trade, 
you know, a little piece of it here and a little  
piece of it here and I missed some of the move, 
that's okay. You're never going to get the perfect  
trade from the very bottom of the move to the 
very top of the move. You capture a little bit,  
you do as well as you can, and you live to trade 
another day. So, I'll be back at it tomorrow for  
day 18. And those of you guys who have not 
already checked out my twoe trial, the link  
is pinned at the top of the comments and posted in 
the description. And during that trial, not only  
do you get to watch as I grow the small account, 
you'll be able to hear my market commentary, but  
you also get access to this software right here 
for charting, scanning, and breaking news. So,  
make sure you guys check it out. Two weeks for 
20 bucks. I think it's money well spent. I think  
you'll have a great time. If you decide to become 
a full-fledged member, we'd love that. But if not,  
no big deal. the $20. The trial doesn't autoenroll 
in anything. It It's no commitment. It's It's  
two weeks and that's it. So, check it out. But 
reminder, as always, trading is risky. My results  
aren't typical. So, please manage your risk and 
always practice in a simulator before putting  
real money on the line. I'll see you for day 
18. Tomorrow morning, 7 a.m. I'll be streaming.