Day 17 of the Small Account Challenge +$1.9k in 30min | Ep. #18
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Hey everyone! Finally I got a big day of profits! This week had been fairly slow up until today and I’d been grinding on small wins between $500-1k. I knew today had big potential when I saw $FFHL on the gap scanner. This stock had a great daily chart with no nearby resistance, plus it had a fresh catalyst from this morning. The only thing I needed was for it to hold back from going parabolic pre-market. It did start to squeeze up just before the bell, more than I would have liked, but I decided I would get in as soon as the bell rang and that’s when I sent my order to jump in at 3.75.
Unfortunately, I only filled 70 shares of that order. At the same time I took a 5k position in my Speedtrader account and filled in the 3.90s. I held that position until 5.00. In my small account I managed to lock up about $1500 in profit on $FFHL and then another $500 on $MSDI. This brings me to just under my weekly target which was to reach $12,500 in total equity. Hopefully we’ll have some good action tomorrow so I can get over that level!
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