ilmscore | How to Grow a Small Account with ZERO Experience (Full Training)

Predictions from this Video

Total: 16
Correct: 1
Incorrect: 3
Pending: 12
Prediction
Topic
Status
If a stock shows high sell volume and its MACD crosses negative, any subsequent bounce will be short-lived before continued selling.
"The MACD, although it's still positive, this technical indicator, it is getting right across into the negative, which means even if it bounced, the bounce would be short-lived and it would continue selling off."
Stock Trading Patterns
Pending
He expects to grow his $2,000 trading account by 25% per week, factoring in one red day and one smaller green day per week.
"So, I'm going to expect one red day per week. And I'll also expect one smaller green day. So, that means my weekly goal is really the daily goal times three sort of minus one, right? Because I got to figure a break even day and a small red day. So, I'm going to figure if I can grow the account 25% per week, that's going to be really, really solid."
Day Trading Performance
Incorrect
The initial 25% weekly growth rate of the small account is not predicted to be sustainable indefinitely due to scalability limits.
"Now, that will compound for the early part of the challenge, but I'm not going to be able to do that indefinitely."
Day Trading Performance
Correct
When candle bodies in an uptrend shrink, indicating exhaustion, and a large upper wick appears, it signals an imminent price drop.
"So what's this telling us? This tells us the trend is kind of getting exhausted and then we have that final candle wick like that. The seller, that's a very clear message that we're about to see a drop."
Candlestick Patterns
Pending
If a stock maintains at least 50% of its initial upward move after a pullback, it's predicted that long traders will buy, shorts will cover, and the price will make a second push higher.
"If it holds at least 50% of that first move higher, long biased traders will begin buying the pullback. Shorts will cover at high a day and the price will make a second push higher."
Stock Trading Patterns
Pending
He predicts his daily trading will focus on securing one strong trade, potentially after a few false starts, break-even trades, or small losses.
"As a more experienced trader, I'm going to focus on getting one really good trade each day. That might mean I have a couple of kind of false starts, a couple of break even trades or even small losers before I get that one really good setup that I can nail."
Day Trading Strategy
Pending
He predicts his $2000 small account will grow to $2800-$3000 by the end of the first week (5 trading days) by targeting 10% daily growth, with buying power increasing overnight.
"So, if we map this out, day one, $2,000 account, goal is 200 bucks. So, next day it'll be 2,200. Goal is 220, right? So, then next day is um 2420. So, then that then that goal, you see what I'm saying? So, now we're looking for 24 uh $242. So, then the next day, the account's up at 26 uh you know, what is it? 60 62. So, as the account grows, I just need to keep stacking that up so that by the end of that first week, I can get that that account, you know, if possible up towards that $2,800, maybe $3,000 mark."
Day Trading Performance (Small Account Challenge)
Incorrect
The proposed change to reduce the Pattern Day Trader (PDT) rule to $2,000 is predicted to have a high chance of approval.
"Now, we're not sure if it's going to get approved yet. I think there's a really good chance it will get approved."
Market Regulation (PDT Rule)
Incorrect
Trading the strongest stocks is predicted to result in more forgiving trades and greater profit potential, even with imperfect timing.
"as long as I'm choosing the strongest stocks, I should the trade should be more forgiving and I should have more room for uh profit even if it's not perfect perfectly timed."
Stock Trading Strategy
Pending
A pullback pattern that dips to the 9-period Exponential Moving Average (EMA) is predicted to bounce, providing higher conviction for a trade.
"if we have our pullback pattern and it just so happens to dip right off the support level of the 9 EMA, that's going to give me even more conviction that it's going to bounce right here."
Stock Trading Patterns (Technical Analysis)
Pending
A sudden break above VWAP (Volume Weighted Average Price) is predicted to be a powerful bullish signal, prompting shorts to cover and longs to enter as market control shifts.
"when you get that sudden snap, all the shorts have to cover and the longs jump in because control has shifted. So a break of VWAP is very powerful."
Stock Trading Patterns (Technical Analysis)
Pending
If the MACD is waning from green and appears poised to cross into the red, it is assumed it will go red, prompting a halt in trading.
"when it's sort of waning and it's about to go red, I'm assuming that it's going to go red, and I'm usually going to stop trading."
Stock Trading Patterns (Technical Analysis)
Pending
He does not expect to take MACD crossover trades (from red to green) during the small account challenge due to their higher risk profile.
"When it's waning from green from red here and getting ready to go green, I will consider that sometimes as a crossover trade, but that's going to be a little bit higher risk. I'm not sure if I would do that during the small account challenge. I I expect that I probably won't."
Day Trading Strategy (Small Account Challenge)
Pending
He predicts he will experience green trading days far more frequently than red days, estimating an average of one to two red days per month, which is better than his allocated one red day per week.
"My belief is that I will be green far more often than I'm red. So even if I'm well, I guess if I'm 5050, then I would be break even. But I know based on this year that I've only had a few red days. So I'm averaging more like one to two red days a month. And I'll I'll allocate one red day a week, but I think I can do better than that."
Day Trading Performance
Pending
Earning $2,500 in a single day is predicted to be achievable once his trading account balance exceeds $25,000.
"Once I get up over $25,000, you know, 2500 in one day, certainly achievable."
Day Trading Performance
Pending
Achieving $10,000 profit per day with a $100,000 account is predicted to be a stretch; percentage growth numbers are expected to be easier to exceed early in the challenge and diminish over time due to scalability.
"Getting to $100,000 and 10,000 a day, it's starting to be a little bit of a stretch. So, it's going to be easier to exceed those percentage growth numbers early in the challenge and they're going to kind of wayne a little bit as the challenge goes on."
Day Trading Performance
Pending