Small Account Trading Strategy — Full Breakdown & Transcript

[00:19] the little whip back there. Um, basically show you guys um the super car going to drive it. I'm probably going to go to the mall. I'm not too sure yet. But anyway, um that's later on in the video. Today, we're going to talk about

[00:34] video. Today, we're going to talk about just basically trading a small account, right? What you have to do. Because me personally, I took 3,000, turned it into like 121,000 in like a month and a half. Then recently, I took 9,000, turned that

[00:49] Then recently, I took 9,000, turned that into 52,000 within a month, right? And I statements when I did that. And I usually don't like doing that because you're trading aggressively and you know you really don't want to do that when

[01:03] you're trading. But you know sometimes the trading month is actually flowing the way you want it to. So you know you can do that. But if you are trading that

[01:15] way you're not going to last. Me personally if I'm trading that way I know if I blow 3,000 I can refund my account. Okay. Most you guys can't do that. So you don't want to do that. You don't want to basically grow your

[01:29] account that fast, right? So what you want to do, you want to um slowly grow your account. Okay? But in order to grow your account, what do you need? And

[01:41] start with a S. S K I L L. You need skills, guys. That's what you need, right? You need skills. I'm telling you right now, the the reason why you're not successful in life

[01:55] is because you don't have enough skills. Especially in this game that we call Especially in this game that we call trading, you need skills. So, most of you guys don't have skills, okay? Enough skills to be consistent, right? So, um

[02:10] guys. I'm going to go on a chart real quick, show you guys like what I'm looking at every single day, what I'm looking for every single day. and the things that you need to basically be a profitable trader because overall guys

[02:25] you're going to need skills. Now, what is a skill? A skill is education plus experience. A lot of you guys have the education, maybe not enough, but you have some education. A lot of you guys don't have the experience, okay? So, you

[02:38] got to keep going, but I'm going show you guys what I do. So, you know, let's quick and I'm going break it down. All right? So right here guys basically the first thing I'm looking for is the direction right I usually call this

[02:52] it direction right I'm looking for a direction right and then the next thing I'm looking for is levels and then after I'm looking for is levels and then after levels I'm looking for my entries and

[03:05] after I my entries I'm looking to exit the market right so this is just a one big you know loop that I'm doing every single day. Now, believe it or

[03:18] not, the direction is pretty much the foundation. This is where you really want to study and get familiar, you know, just really like really build all your skills when it comes to

[03:34] this, right? And entries is very important, too. But you really want to get the direction right because if you don't get the direction right, everything crumbles. It doesn't matter the levels. It doesn't matter entries

[03:47] the exits because if you get the direction wrong, right, you're always going to, you know, lose, right? So, if you're going against the trend, you lose. So, to me, when it comes to direction, right, I'm looking at four

[04:03] states of the market, right? So, I'm looking to see if the market is I'm trending, uh, reversing, ranging,

[04:16] all right, or breaking out. So, this is the direction, right? I'm going show you that a little bit later. And then, um, I'mma plot down my levels going exit. Okay. Usually the levels I look for is supply and demand or support

[04:30] and resistance. Uh entries, I'm looking for maybe, you know, a strong candle or a double test. And exits, I'm looking for maybe uh quick scalp or a one to three or, you know, one to two. Now, guys, listen. When it comes to the

[04:45] market, I look at, you know, one time frame, which is the five minute chart. I really don't look at top down analysis because, you know, it keeps things simples. I noticed that when I look at the daily chart, the 4hour

[05:00] chart, I, you know, everything looks bullish, but all of a sudden the market going on? I'm going to show you guys some examples right now. But I don't look at top down analysis like a lot of people. I just like to look at one time

[05:15] five minute give me, you know, the direction that I need. Um, now if I was looking at stocks, trading stocks, that would be different because yes, the stock market you have more opportunities. Okay? So, you can

[05:28] literally pick, you know, different stocks and say, "Okay, I like this daily They're lining up." But if you're trading one, you know, market like me, every single day. The market is not going to line up every single day, you

[05:43] guys a good example right now. All right. So, here's a good example, guys. So right here we have the daily chart. So notice how um the market is bullish, right? The market is super bullish. So overall you say, "Okay, it's bullish.

[05:56] Let's mark down this, you know, support level." Okay, and all of a sudden, boom, it broke down this support level, right? Okay, let's mark down this, you know, supply and demand right here. Okay, let's do boom. So let's go on the

[06:09] five-minute chart and let's see. We see the market just shooting down. So, you have to understand that one candle, which is this right here, this is one daily candle right here, right? Could literally be a downtrend on the

[06:23] five-minute chart. This is why me personally, I only focus on the you know what, today looks like a bearish day. You know what, today looks like a a range day. You know what? Today looks like a up day, whatever. So,

[06:36] that's why I like to look at the five-minute chart. So let me you know show you some examples of basically you know the direction. So right here you know we looking at the market right. So the market's going up up up up and it

[06:50] looks like you know we are in what a bull trend. So okay. So now let's go to bull trend. So okay. So now let's go to this day right here and you know we have the market at this high right here. So we're looking for longs right because

[07:03] the market is going up. Well, the reason why we don't really want to look for longs is because look at this guys. We sold a lot. lot. So, it's a possibility if we come to this area again, guess what? We might

[07:19] to this area again, guess what? We might sell off again. So, this is the stuff that I didn't know when I was first starting out because people didn't tell know, the market, you know, the trend is your friend. And that's all that's all I

[07:32] cared about. So this right here is a a reversal state. So to me I would look at this market and say okay um this is actually this is where the market open right boom the market open right here. We have a nice selling bar. Boom. You

[07:45] can go short right here and look for your quick either one to one or one to2 and you know basically you get your profits and you'll be done for the day. how the market the market you know bounced right here and shot up. And that

[07:59] is true. Okay it bounced right here and shot up. Who cares? Reason why we don't care is because we are day traders. We're not looking to hold moves overnight. We're not looking to, you know, hold moves for the whole day. We

[08:12] know, hold moves for the whole day. We are looking to scalp, get out, and enjoy our day, guys. We are not looking to do the swing trader thing. We're not looking to do that. Okay? So, this is why we can get away with not looking at

[08:25] the higher time frame. Let me show you guys another good example. Here's another good example, guys. Right? So overall, the market is bullish, right? Okay. So here's support. The market is bullish. Guess what? It blew right past

[08:37] bullish. Guess what? It blew right past that support, right? But hey, the the let's go long. You go long, get stopped out. Go long, get stopped out. Go long, working, guys. It's finally working. Then boom, get stopped out again. So you

[08:51] have to me the way I would look at this. I would go with the flow. Okay, so right here, I know, all right, shoot. We we broke this support level right here. Now, instead of looking for longs, let's me let me look for shorts because now

[09:04] this support on the fiveminut chart. Remember the five-minute chart is a good holding up. So, we broke this level. Now, I'm looking for potential short opportunities right here. Okay, maybe right here. Okay, so I'm looking to get

[09:18] show you a good another All right, here's a good example, guys. All right, so remember the daily chart is bullish. So, we have this key support right here, right? And all of a sudden, it breaks this key

[09:31] support. Remember, there's four type of states. Remember, you know, me You're not you're not really going to hear anybody talk like this because uh this is this is just me taking a whole bunch of different screenshots and

[09:45] viewing the market that is is doing these four different states every single day. Trending, ranging, breaking out, um or reversing. So, what is this right bullish. So, we have to buy right here. No. The wrong reason why? Because guess

[10:01] what? This is a breakout now. It's a breakout market now. So, we in a breakout state. So, this state right here, it broke out, came back, and would be a breakout and I would treat it like a breakout. Right now, is this

[10:15] answer is no. Nothing works 100% of the time. But what I realized is, you know, a lot of people would go on winning streaks for a week or two and then lose all their money. Why? Because they get chopped up. They would get chopped up.

[10:29] reversing or they don't understand the market is ranging. It's because they so addicted to the trend that they can't see everything else. So what I'm trying see everything else. So what I'm trying to do is to open your eyes and let you

[10:43] understand that there are different states. You have to treat these states differently. Okay, understanding. Okay, you know what? Support is not holding up no more. Let me switch let me switch out and use my breakout strategy, whatever

[10:56] the case is. So, let me let me show you guys how to enter, right? An exit. So, right here, guys, um the way you can enter is multiple ways you can enter. Um one of the best ways to enter is look for maybe a double rejection. So, right

[11:09] here, here's a good example. The market hit it once, boom, twice, boom, nice little rejection right here. Nice nice uh bearish bar right here. And you can you know, maybe a two to one, two times your money, okay? Um or 3 to one. Um two

[11:25] times money is usually the good sweet spot. Um and you can go from there. Uh example. Okay, here's another good example, guys. Right, we had uh resistance right here. And basically, it hits resistance, hit it once, boom, and

[11:40] twice. And you could probably go short as soon as it goes below this bar. And again, you look for your 2:1. and you know look for your scalp. So that is one way to get in. Um another way to get in is just looking for you know aggressive

[11:55] bar. So like good example right would be one of these red or a green strong bars right here. So right here you see a nice little strong bar right here on the red how we have a nice strong bar right here. You can get in that way. So those

[12:09] are the two main ways you can get in. Now for the exit you can actually you Okay. Lately, I've been trying to use the one minute chart. I'll probably talk about that next week. So, that's what I do every single day. You know, you can

[12:23] chart. Five minute entries, five minute, you know, exits and just direction is single day. I try to keep things as simple as possible because this game, we all know that it can be hard, right? We all know that trading can be really

[12:38] hard. So, why do we want to over complicate things and and do a whole bunch of I see a lot of people just going crazy when it comes to just looking for, you know, entries in the market. But anyway, there's no right or

[12:53] wrong. Okay? So, the way I trade, it can work for me, it can work for you, but guess what? There are thousands of different ways to trade the market. Do not let anyone tell you their way is the only way. Please do not let anyone

[13:08] brainwash you. There's no such thing best way. It It's whatever works for best way. It It's whatever works for you.

[13:25] Music to my ears. Every time I drive this caroo, Every time I drive this caroo, every time I drive this car, um it's always on manual mode. Like I don't know how people drive this on automatic.

[13:37] I mean if I'm doing like a long drive or something like that. Maybe I put it on automatic, but man, I'm I got to test out the manual, bro. You know, this twin turbo I ain't going to Like soon I press the gas

[13:52] on this one, bro. It's just like responsive like crazy. Like crazy, bro. First gear, second gear, third gear. I I can be cruising second gear, press it, can be cruising second gear, press it, go crazy. Even third gear, like the the

[14:07] boost on this joint, sick, sick, sick, sick. trying to go to the mall, but I don't know. It's kind of late right now. I don't know if I'm going to the mall real quick, but who knows,

[14:29] son. the the the spin the tires were spinning real quick. I couldn't even hit spinning real quick. I couldn't even hit it like the way I want to hit it. But uh yeah, man. Woo.

[14:48] Like cops like crazy. Cops like crazy. the time, but I'll be pushing up just a little bit. I ain't going to lie, a little bit, but you know, cops is deep around here, so I don't even push it

[15:01] around here, so I don't even push it like that. trying to go to the mall, but um it's too late. I'll probably go another time. Uh whatever. But anyway, here's the car. Dope, dope, dope.

[15:23] dropped a video what, two weeks ago, three weeks ago. That's the first time you guys don't know, I I had this like around uh two to three months ago. I just dropped a video like two weeks ago. But, um, I went to the Rich Hotel,

[15:41] right, uh, like a month and a half ago, right? and Panthers and I think they were staying at the the Ritz, right? So, I went

[15:53] downstairs to get my car because, you know, they parked all the the nice cars um outside, right, in the front. So, I went to get my car. So, the valet dude was like, "Yo, bro." He said, "You know the Panthers, the NHL?" I was like,

[16:08] "Yeah." He's like, "Yo, cuz it was a Lamborghini parked up front. Um, it was another super car parked up front and then my car, right? My super car." So he said, "Yo, they

[16:23] they came straight to your car like surrounding your car like, "Yo, what kind of car is this? I never saw this before. I didn't know Maserati had these type of cars. Yo, do do they got this in Canada?" He's like, "I don't know." He's

[16:37] like, "I don't know." But they was going crazy for my car and I wasn't there. He said, "Yo," he's like, "Yo, they was going nuts." And that's usually the response I get with this car because a lot of people really never saw this car.

[16:52] Um, because you don't see it too much on the street. So, the street. So, um, you know, like when I go out, guys, put like this. If you want to feel like a celebrity, get a supercar. Because I'm

[17:07] a celebrity, get a supercar. Because I'm I'm I don't Bro, everywhere I go, I'm driving, I see people put cuz when when it first yo, like, what are these dudes doing?

[17:20] I'm like, I forget like, all right, I'm driving a car. I'm driving a nice car. driving a car. I'm driving a nice car. So, um, yo, phone's out filming me while I'm driving. They driving. So, whoever's in

[17:34] the passenger seat filming me. I'm like, yo. So, if you get a super car, just get ready for that. You know, like if even when I go to the gas station, people come to me all the time, yo, what you do? What do you do for a living? How can

[17:48] I get one of these? Uh, they be like, um, yo, what kind of car is that? That joint dope. Can I take a picture? It's like, yo, it's crazy, man. It's crazy. But, um, you know, it's like instant instant fame. Like, if you want to feel

[18:04] like a celebrity, bro, get get a supercar. You know, like now I know how baddies feel when they step outside, right? They get all the attention. So, the male version of a baddie is literally getting a supercar, right? So,

[18:19] if you want to feel like a baddie, get a super car. You know what's funny? It's like I'm driving this car and it be like regular cars that I know are not

[18:32] racing cars. They be trying to race me like come on man. You know you can't hang with me. Why you trying to race me for? It be regular cars. No exhaust for? It be regular cars. No exhaust stock. It be a regular car, you know,

[18:45] tiny car trying to just like come on, bro. Come come come with a racing car. But come with something to to race me, man. I'll be chilling with this car. I don't be racing like that, you know. Especially around here,

[18:59] that, you know. Especially around here, man. The cops be lurking. Lurking. Woo. I'm not. Yo, I'm telling you right now, bro. Soon as I press that gas, woo,

[19:15] bro, this joint feel like it's just want to go straight to the moon. But yeah, let me guys, let me tell you about the ugly truth about life.

[19:31] Nobody cares about you. And I know that sounds crazy like, "Yo, bro, what you talking about? Nobody cared? You have to understand most people have their own problems. So they don't really

[19:46] care about you like that. I mean if they really did why do we need all these therapists? Like think about it like why people need therapists for care. Like if you tell people your problems they might say oh you know just

[20:01] problems they might say oh you know just keep going or you know don't worry about it you got this. They give you like a generic answer and you know sometimes it is what it is. You know sometimes the generic answers you need that but for

[20:16] the most part people have their own problems and you have to understand nobody cares. Now, I care, you know, that that's that

[20:30] could be an extreme, but you know, cuz some people do care, but I'm just saying for the most part, nobody cares. And you want to hear another ugly truth. It's not their job to care, guys.

[20:45] I know I know some of you going to say, "Yo, what are you talking about, man? Like, oh my gosh, how you can say that?" Like, oh my gosh, bro. I'm telling you,

[20:58] it's not their job. It's not their job to care, to care, you know? So, when I say guys. When you wake up, it's you. When you go to sleep, it's you. So, you got

[21:15] you go to sleep, it's you. So, you got to care about yourself, you know? Now, other people. You definitely should, but at the same time,

[21:29] you have to be real with yourself and understand that most people don't care understand that most people don't care about you.

[21:45] Understand that most people ain't is not going to come save you. You got to save yourself. You know, that's the reality of life, man. And I I don't think a lot of life, man. And I I don't think a lot of people want to like accept that. But

[22:00] that's life, guys. Like you it just it's just what it is, you know? But me personally, I understood that at an early age. Well, I ain't say early. I wouldn't say at an early age, but when when I would start

[22:13] to grind, I was like, "All right, man. It's all me." Because especially business. You can't tell people your your your problems. They going to give you generic answers like it's so it's going to be

[22:28] okay. Or actually even worse, right? If you tell somebody you lose money, you know what they're going to tell you? Oh my gosh, you losing money, man. You better quit. Stop it. Don't do it. Don't do it no more. That's risky.

[22:41] going to never be successful. Trading trading is gambling. And that's a that's a great example of nobody cares. Everybody has their own problems. And at the end of the day, guys, you

[22:57] know, I don't I'm not saying it's their fault, you know. I'm not saying it's their fault.

[23:14] fault, but Basically, that's how life is, right? That's how life is. So, keep grinding, man. Keep grinding. Stop looking for someone to

[23:28] save you. Um, yeah, it's nice to have people to help you here and there. um you know, but if you do have a friend or if you do have somebody that you know

[23:40] you can talk to and they will sit down and listen to your problems and listen to what you got going on, right? You know you got somebody you can rely on and and for the most part ain't

[23:54] rely on and and for the most part ain't that many people out there like that. Ain't that many people like that. For real. For real.

[24:06] See another See, somebody's trying to race me right now. He, bro, he know he can't handle me, bro. Bro, he know I dropped it. Yo, I dropped this in second gear right now. So, wh I be chilling, though. I know some of

[24:19] you guys like, "Yo, chill out." But I be chilling, bro. Trust me. I be cruising, man. But yo, I think Well, he got Infinity. I think he got a little exhaust on it, but he know he can't handle me, bro. He know it.

[24:33] Yeah, I think he trying to uh he trying to slow down. He's trying to race me right now. Watch this.

[24:45] around here, bro? The cars be hard. I can't even do nothing. I'll be chilling can't even do nothing. I'll be chilling though. I'm trying to get a light. I can't give it Can't get Can't get a light on this

[25:00] it Can't get Can't get a light on this one.

[25:16] Like, I'm not Yo, bro. I'm not even going to try to race this dude, bro. hang with me. All right, guys. Be safe.

[25:31] Trade safe. Don't let your emotions take over. Don't let your emotions take over. And uh let's get it.