This Momentum is UNREAL

What's up everyone? Welcome to day 40 of my small 
account challenge of growing a $2,000 account  
using Charles Schwab as my broker. Today was an 
interesting day. I sat down this morning at about  
6:30 in quarter 7. We already had a stock that was 
up over 200% was making a big move. I got a little  
dose of FOMO. The next stock that popped up and 
looked good, unfortunately, I hesitated because  
I wasn't sure that it really fit the theme of 
what was working today. And I was concerned that  
we had dispersed attention. And so what ended up 
happening was I sat on the sidelines and missed a  
couple of moves and then we had a stock that 
popped up and I slammed it hard. I was like,  
"All right, I'm not going to miss this one." And 
I ended up having a huge winner on it, which was  
incredible. And I should have stopped right then 
and there. But instead, I kept trading and I gave  
back about half the profit that I made. All right. 
So, this is a tricky market. It It has been for a  
couple weeks and uh today was not an exception 
to that. However, it is still a green day. I'm  
up over $10,000. And so, we have now raised over 
492,000 for charity. All the profits from my small  
account challenges are getting donated to charity. 
And every time you guys hit the thumbs up for the  
episodes in this series, I add an extra dollar 
to how much I donate. So, for those of you guys  
who have tuned in for all 40 episodes uh so far 
in this series, well, there's a couple more cuz  
there was a intro. You've added money every time 
you hit the thumbs up. You've helped you've helped  
with this challenge. And the goal was to donate to 
a children's hospital in every state in the United  
States. And we did that. We hit 50 children's 
hospitals. And now we've gone and added Puerto  
Rico, Washington DC, Guam, and the Virgin Islands 
are going to be coming next uh probably tomorrow  
uh or or this week. So I've donated $485,000. 
5,000 is ready to go out today. Um so we're making  
great progress in that goal of donating uh half 
a million dollars to children's hospitals around  
the country. Uh but today I I did make a bit of a 
error in judgment by kind of mismanaging my risk  
as uh you know tends to happen from time to time. 
So I didn't take any trades early this morning.  
Um we had just to pull up the scans here. We had a 
AIXi that popped up on the scans earlier. Cheaper  
stock makes a huge move. Goes up over 200% uh but 
as you could see sort of unwinds and comes back  
down. Then we had um SWVL that pops up also makes 
a huge move and I sat on the sidelines cuz I kept  
thinking I wasn't sure if it was going to work. 
You know, I just I I was hesitating on it and  
then, you know, I was like, "Ah, gez, I can't get 
in up here." It was very thickly traded. It was  
sort of popping up. We got this ABCD pattern right 
here. Pop, pop, pop, boom, boom, boom, boom, boom.  
And then we sort of had some rejections there 
and there. And then certainly here. this is this  
candle and this candle and this candle. So, you 
know, I ended up sitting on the sidelines on that  
one. And then when Archon hit the scanner, I was 
like, I'm not missing this. Um, but when it first  
popped up, I I hesitated a little bit because I 
really wasn't sure it was going to work. And you  
know what? This one had ended up coming all the 
way back down. It's now red versus the opening  
uh price today, which is really discouraging. 
So, on this one, this is the one minute chart.  
Three one minute candles and then it comes back 
down. That was it. And so in fact it I'm a little  
bit frustrated because on this one I'm green 
in the small account where I got in first and  
then I chased it in my big account thinking it 
was just going to keep cranking because of the  
level of momentum in the market today. And so I 
end up you know with a starter here in the small  
account at six and adding adding adding adding in 
the big account. We end up hitting a high of nine  
and I'm like this is parabolic. This is amazing. 
and then it comes all the way back down to 650.  
It bounces back up to 8, then back down to 650, 
and then flushes to 550, then back up to 750,  
and ends up just, you know, rolling over as 
you can see here. And so today's a day where  
um I am red in my big account while I am green in 
my small account, which is a little well look and  
I also was like, don't trade in the big account 
while you're traveling. And then I kind of anyways  
uh felt that I could do it and well today it 
didn't really pay off as you could see. So Archon  
um so I started the day with a winner in a small 
account a a pretty big winner. You'll see it in a  
moment when I show share with you the P&L. Um but 
I continued to jump into another trade. Now, by  
the way, um, Archon when it first hit the scanner, 
I did my quick evaluation of the five pillars of  
stock selection, recognized the volume was too 
low, including the relative volume and the float  
was a little higher, which is one of the reasons 
I didn't jump in it down here. It pops up to here,  
and then I was like, okay, well, now I should take 
it seriously. Flushes down, comes here, and then  
right there, I punched it. And by that time, the 
relative volume had increased because we'd seen  
this building of volume in total. So then we had 
uh GRML which is a similar sector and although  
the price is a little higher and the volume was 
light, it hit the scanner and I was like, "Oh,  
this is going to be the next one. I was slow on 
a couple of the others. I'm not going to be slow  
on this one." And so I punch it right away and 
immediately get in. I fill it 10 little higher.  
Goes to 1050 and it flushes right down and in an 
instant I'm red. I lost a full dollar a share. All  
right. So that was a nasty loss. I'll share with 
the you the P&L of it in a minute. Then the second  
um scanner alert or this is actually the third 
scanner alert. Um so let me just back this up. Um  
all right. So back this up. So third scanner alert 
here. So third scanner alert was on continuation  
on um DAIC. All right. So DAIC pops up and on this 
one it had already been on uh on watch during the  
day. made a big move yesterday during regular 
trading hours. Sold off pre-market, squeezed  
up here at 7 a.m., no trades on it. Pulls back, 
pulls back, and as it broke this level of 375, I  
was like, "Okay, I'm going to jump in this for the 
squeeze back to four." It ends up going up to 420  
and then dipping back down. Decent little winner. 
And then we had the fourth trade. So, this is  
actually fourth scanner alert on continuation. And 
this one was AMIX. So, AMIX hits the scanner right  
here. And it's a very similar setup to uh DCI or 
DIC. And so, I took this trade right here for the  
breakthrough 9 um on day2 continuation. But that 
one didn't pay off quite as well. So, this is my  
P&L today. Up $10,598 with $17,000 in profit on 
Archon, an $8,000 loss moments later on GMR, GRML,  
and then smaller winners on these two. So, here's 
the thing. It's a real shame. For a moment today,  
I was up over $100,000 in the small account uh in 
not in total profit today, but just in the total  
growth of the account. And then I jumped into GRML 
just thinking today was really hot and I was going  
to get another quick win and you know, whatever. 
This is just going to be a great day. And then  
suddenly lost a dollar a share on 8,000 shares 
and lost a full $8,000. Boom. And that was really  
discouraging. Really discouraging. added back, you 
know, $1,500 on these, but that didn't really make  
that big of a dent. And so I am below $100,000, 
which is sort of uh that big milestone that I've  
been setting my sights on. I I should have just 
stopped, I guess, after that first trade. But,  
um, nonetheless, it is a green day. It is what 
it is. Um, but I'm red in my big account, which  
again is, you know, discouraging. I've had most I 
mean I' I've had days where I've been green in the  
small account and red in the big account. Um I've 
also had some days where I was really nicely green  
in both accounts and I've had some days I was red 
in both accounts. Um I don't know if I've had days  
I think I might have had a couple days where I 
was green in the big account but red in the small  
account. So you know it just it is what it is. I 
mean it's it's a this is part of the challenge for  
me. It's in a unique aspect for me because of 
my goal of not wanting to completely sacrifice  
trading in the main account. I mean, the fact is 
August in the main account has been pretty rocky.  
Um, I've had some big winners, but I've also 
had some pretty big losers as you guys know. Uh,  
however, I am absolutely still better off uh as 
of right now today, even including today's loss in  
the big account. Um, I'm still better off for for 
trading in both accounts. you know, this summer,  
uh, certainly and and in the month of August even 
more specifically. Um, I it's it just seems that,  
um, I'm on a bit more of a roller coaster where 
I'm, you know, I struggle to be able to manage  
risk really effectively in multiple accounts 
at the same time. And, you know, admittedly,  
these accounts do have slightly different risk 
tolerances. So, you know, the last 60 days here,  
this includes both accounts. um you know, but 
well, even the last 30 days, right? The last month  
um or so, month and a half, 6 weeks, that's 
$496,000, right? So, the big account's up,  
small accounts up, 60 days, they're both up. 
If I had taken this whole summer for instance  
to only trade in the big account um you know 
that well that would have or sorry only trade  
in the small account that would have cost me 
um I mean I'm up in the small account from a  
$2,000 starting balance in June to about $100,000 
here towards the end of August. So I'm up about  
100 grand 95,000 whereas I'm up 1.4 million total. 
So 1.37 of that is the big account. But you can  
see it's been a little bit more of dips, uh bigger 
dips, uh a little bit more of a roller coaster  
here. But today, uh being down, you know, it's 
disappointing, but it's absolutely tolerable. So,  
um it is what it is. And I'll be back at it first 
thing tomorrow morning, bright and early, 7 a.m.,  
and hoping um you know, that I can uh cross 
and hold over that $100,000 milestone here  
um you know, potentially this week. I I think 
at this point I've got a really good shot at  
it. I just need two more, you know, decent 
$2,500 days and and it's done. So, that's  
pretty exciting. All right, so that's it for me. 
Thank you guys as always for tuning in. Reminder,  
my results are not typical. Trading is risky. 
So, please always practice in a simulator before  
putting real money on the line. I'll see you guys 
back here bright and early tomorrow morning at 7