Positive In My Cash Account! 📈👍| TD Ameritrade Side Hustle Challenge Day 6 transcript

what's up everyone all right well here we are today is day five of the small account challenge trading in TD Ameritrade it's my fifth day of trading in this account no that has not been five consecutive days it's been span over the last couple weeks as I've taken a few days off I'm trading my main account retirement accounts but thank you this is the fifth day and another two hundred eighty two dollars of profit which is great does that means now in the last five days I have made and I believe this is day five enough to double check it might be day six if it's day six forgive me but in any case over the last five or six days I've made about a thousand dollars so the accounts grown from 2500 to 3500 the growth curve right now is kind of slow because I don't have a lot of money in the account I don't have margin I don't have leverage it's a cash-only account so I can only trade with the cash I have so I've been averaging I guess around you know anywhere from 150 to 200 dollars a day and today's a little above that average so I'm happy with that and I'm gonna try to you know just keep growing this account $5,000 is the first line in the sand that I really want to get to so as always questions comments leave them down below we'll see you guys for the next recap of the TD Ameritrade small count challenge all right everyone so we're gonna break down the trades from this morning today is I believe this is day five of trading in my TD Ameritrade account for this small account challenge and the account is up today 282 dollars and five cents which is a great day so now up to just about $3,500 about a thousand dollars of profit in this account I haven't traded it for like five consecutive days I've been trading sometimes every other day I've had a couple back-to-back days but I've also taken a few days between trades just yesterday for instance I tried to take a trade and the order got rejected and it was really silly but ended up missing a great trade so you know sometimes that's gonna happen and but today a RNP was the the big winner in this account this was on our watch list pre market it was a gapping stock gapping up 42 percent free market currently has three point six million shares of volume it only had about fifty or sixty thousand shares of volume pre market so it was pretty thinly traded which initially I was like I don't know if it's gonna work it's interesting but but we'll see it ends up actually opening and dipping down to low let's see yeah the low is actually three eighty three then it pops up it breaks through four twenty four twenty was the entry point a break in a free market hot I didn't take that trade because I at the time wasn't sure it was going to work it ripped through four twenty rights year and I bought this pullback right here so this is where I got in in my TD Ameritrade account I bought three hundred shares then I added another two hundred and I added another 100 and I tried to add another 100 and my order was denied insufficient buying power I only have 49 dollars of buying power left - for today it ended up as you can see here squeezing up to 661 I sold it as it was coming up to 6 I took the just under 50 cent win and I was happy with that generally speaking and the small count base hits are the way to go so I took that base hit as you can see it ended up squeezing up to a high of 669 pull him back a little bit and then popping up here too high a day right now at six ninety-two actually yes 692 is high a day so a quick trade there this was in a span of about one minute or two minutes buying this pullback and let's see it was actually a little astray and I actually held it for about four minutes so it's like a four minute long trade buying here and then selling as it was squeezing done so not too bad i took my starter on this red candle and then i added down here at five ten so I took a starter I added and I tried to add again as and curl back up I got partial fills on one of the orders and then my orders were kind of all over the place but then in case 600 chairs in and out two hundred eighty two dollars and five cents of profit so you know it's nice to be on a little bit of a winning streak here in the TV account I think I've actually been green every day except for the first day the first day I think I lost like a hundred and seventy-five dollars or something like that and then I actually I can't even quite remember but any case and you guys who are watching this on the recap you can jump back to day one but day one was a red day it was the first time I've had a red day in a small account challenge but then day two and day three have been a great day for day 5 so I'm a little hot streak here and you know first target is to grow the account up to five thousand dollars so you know I'm $1,000 in the right direction and I started with 2,500 in the account so now I've got 3,500 so a thousand dollars in five days two hundred dollars a day on my average there and and really it's only gonna get easier as the account grows because I'll have more and more and more buying power today I could only buy 600 shares of this stock well tomorrow and be able to buy closer to 700 the next day and a couple more green days I'll be able to buy closer to 800 hundred thousand and then a 50-cent breakout with a thousand chances you know five hundred bucks so the the profits will follow as my account grows but I also have to be careful because if I grow the account up to you know let's say five grand and then I can afford to buy five thousand dollars worth of stock and I take a really bad quality trade and I lose you know fifteen hundred bucks or something like that all of a sudden I'm gonna you know have a lot less buying power the next day it's gonna take me a lot longer to dig myself out of the hole so I've got to be a little careful but right now the focus is growing the account taking the base hits and this is another great demon small account challenge I won't be able to trade any account tomorrow I don't have any buying power only $49 so no trades tomorrow but I'll have all of the buying power available the day after tomorrow all right cash settlement period is two days so no trades tomorrow but I'll come back at it definitely all right so that's it for the small count challenge and does you guys watching this as a recap leave your questions comments below or come back answer later hey have you seen my most popular video on YouTube it's got over five million views you can check it out right here and check out one of my other videos on YouTube right here I hope you guys enjoy as always if you have questions leave them down below in the comment section I personally respond to every comment that's posted [Music]