Can you grow a small trading account? The answer is yes. I actually did it—I turned $100 into about $360,000. Now, I don’t recommend doing that at all. That was gambling, not real trading, and that’s not what I’m going to teach you in this video. In this video, I’m going to teach you how to grow an account properly so you can make money with a very small account and grow it month over month. I’m going to teach you all the things you need to know to grow a small account properly.
Let me give you some context. Let’s say you have $100 or $500, and you want to grow it through trading. There are only two ways to do it. The first way is to gamble it—pretty much bet 100% of the account and hopefully try and take it to $10,000 or whatever you want, but this is not recommendable, and the odds of failing are very high. The other way is a very slow marathon, based on percentage growth week after week, month after month, which is the real way to trade. In this video, I’m going to teach you how to do this correctly.
This is something that 90% of traders don’t do correctly simply because they don’t understand the basics of growing an account. A lot of traders think that becoming a profitable trader means turning $100 into $10,000 or turning $300 into $30,000. A crazy story is about Jordan, one of my top students now. For his first two years of trading, he thought he would only become a profitable trader once he turned $500 into $10,000. He spent 2 years trying to do this, taking the $500 to about $800, then $2,000, and then blowing it and starting over. He never made any money. He met me, and he said, "Bro, I keep winning trades, but I’m not a profitable trader because I haven’t turned $500 into $10,000." I told him, "Dude, turning $500 into $10,000 doesn’t make you a profitable trader; it means you got lucky, avoided the wrong trades, and had a good winning streak. But that’s not how you grow an account."
You grow an account based on percentages. Being a profitable trader means you risk a small percentage, win some trades, and then win bigger than you lose. For example, out of 10 trades, you might lose 6 and win 4. If you risk 1% on each, that’s a loss of 6%. But if you win 2% on each of your 4 trades, that’s an 8% gain, so you’re up 2% overall. That’s how you grow an account—based on percentages.
That leads me to my next point: The number of trades you take is crucial. You might be wondering, how many trades should I take? Should I take many trades or wait for the best quality ones? Think about it like playing basketball. Imagine you have a bunch of defenders in front of you. If you just take a three-point shot every time you get the ball, your chances of scoring are lower. But if you wait until you’re open, like at the free-throw line, you’ll have a much higher chance of making the shot. It’s the same in trading—you need to be patient and wait for the best trading opportunities. Just because you can trade every time doesn’t mean you should. You have to be patient and look for good quality trades.
Everything I do in trading is with purpose. I treat each trade like an opportunity to grow my account. I’m not just clicking buy or sell to feel like I’m doing something. For example, about two months ago, I had my biggest trading day, making $363,000 in one single trade. But I didn’t just take that trade randomly. I waited two weeks for it to set up, and then a whole week for it to complete itself. Patience is key.
One way to think about your trades is as if you have a "punch card" that only lets you take 20 trades for the rest of your life. If you only had 20 trades left, you’d be extremely selective about which ones you take. If you treat every trade like this, you’ll be much more careful and make better decisions.
Now, what if I gave you two punch cards? One is a demo punch card with 20 trades that you can use to test what works and what doesn’t. After testing, you’ll learn from your mistakes and avoid them. Once you start trading for real, you’ll be much more likely to succeed because you already know what strategies work.
Once you understand this mindset, you need to risk a calculated percentage on your trades. It’s not realistic to risk only 1% or 2% when you’re trying to grow a $500 account to $10,000. To make this work, you need to risk between 5% and 10%. For example, risking 10% of a $500 account means you’re risking $50 per trade, which is a manageable amount.
Keep in mind that the money you put into your trading account is an investment, and you should treat it as such. You can’t be attached to every win or loss. Each trade is an investment opportunity, not just something to get involved in for entertainment.
Let’s set a real scenario: You have a $500 account, and you risk 10% per trade with a 50% win rate. That means you lose $50 on the first 5 trades and win 5. On each winning trade, you make 20% of your account, so you’d make $500 from your 5 winning trades, turning your account into $750.
This strategy works even better as you scale up. If you take a $5,000 account, risk 10% per trade, and win half the time, you’ll make $2,500 in a month. The same concept applies to bigger accounts. The key to success is sticking to the percentage game, not the dollar amount.
What if I told you that getting access to $5,000 isn’t hard? With $100-$120, you can purchase a trading challenge and get funded $5,000 if you pass. Many prop firms offer this, so you can trade with a larger account size without needing to have that money upfront.
The hard part isn’t getting access to these accounts; it’s mastering the profitable skill set. Many traders fail because they don’t have the patience to follow the simple rules that lead to account growth. This applies to both personal and funded accounts. It’s all about the percentage game.
Lastly, the "Set and Forget" strategy has made me millions, and it’s helping thousands of traders make anywhere from $1,000 to $11,500 per week. This strategy is simple, and it’s how I grew my account from $100 to $300,000. If you want to learn more about it, click the link below for a detailed video on the Set and Forget strategy.
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