ilmscore | I Reset My Account to $2,000, AGAIN!

I Reset My Account to $2,000, AGAIN!

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The account growth in this no-leverage trading challenge will undoubtedly be slower.
"Is the account growth going to be slower? There's no question about it."
Trading account growth
Pending
Speaker's daily goal is to grow the trading account by 10%.
"However, my goal is to grow the account by 10% in one day."
Trading account growth
Pending
Speaker predicts achieving 25% weekly account growth.
"So if I can grow my account by 25% a week, that would be pretty good."
Trading account growth
Pending
Speaker predicts needing to maintain a minimum of 70-75% trading accuracy to achieve 25% weekly account growth.
"I felt that I could do that as long as I was maintaining 70 75% accuracy at a minimum."
Trading strategy performance
Pending
It is very likely that a $7 stock will not increase by 70 cents in a single day.
"So, on a $7 stock, you need it to go up 70 cents a share. Now, that may happen, and I was fortunate that it did happen today on that first trade, but it's very likely that it won't happen."
Stock price movement
Pending
The FINRA approval to reduce the Pattern Day Trader (PDT) level will significantly benefit traders, allowing them to gain experience in margin accounts with less capital and risk.
"So, trading in a margin account and now that FINRA has approved reducing the PDT level, this is going to be a big deal because he could trade in a margin account with a relatively small amount of money and he gain a lot of experience without taking a lot of risk."
Trading regulation impact
Pending
The market is currently between trading cycles or themes, transitioning from a previous successful theme to a future one.
"I do think we're kind of between cycles between the theme that was working really well for the last six weeks and I think what's going to come next."
Market cycles / Themes
Pending