 Welcome. This is Melissa Armour with the Stock Swoosh. I get this question a lot, so I thought I would do it in one full swoop. What if I have a small trading account? What? Then what? What do I do? Well, I'm going to go over that here in this webinar. So email me at Melissa at thestockswish.com if you have any questions or call me at 929-3200 Gap. Follow me on Twitter, Facebook, YouTube or Skype. So number one. And again, I get these questions all the time. So I thought I would do it so that everyone could review this and go back, save myself time. And if you've ever thought of these questions as well, it's good to review. So what do I get a lot? Do I need a big trading account to make money trading the golden guy? The answer is no. No, you don't. All you need is a daily trading account where you can short stocks in and out daily. Okay. That's all that you need. Two, how will I make money though? If I have a small trading account, I get that question all the time. The same as if you had a big trading account, the trades you would take are the same. If I call 10 by 50, it's the same trade, same ticker symbol, CTRP, boom, big trade, small trade, same stock, same entry, same stop, same exit. You just would take smaller size. So if it's 10 by 50, it's 40 cents. If you take 100 shares, how much you're risking? 40 bucks. If you have a big account, you probably risk more than 40 bucks. You might risk 400. You might risk 4,000. So your share quantity would be different. So that's the difference. For example, instead of taking 5,000 shares of a stock, you might take 500 shares of a stock. If the stock was a dollar, you would make $500 in the right direction instead of $5,000. $500 is still real money to bank. And that's how you have to look for it. You can take a small account and you can build it. You can build it up. Number three, if I have limited funds, how can I afford to open up a trading account at all? Well, you cannot go to a retail broker if you have less than 25,000. That's just what the rules are. However, you can go to a proprietary day trading firm. And if you don't know what that is, you can Google and look up the definition or call one. Many require only a 2,500 minimum deposit. There are some with less, but I really think 2,500 is a good starter account to take the trades that I would be calling in the room as a beginner person. There's lots of places you can look around though. Number four, is it better to wait until I have more money to trade big size or start now? Guess what? It's never better to wait because you're gonna have a learning curve. So if you're gonna start learning, would you be better up starting to learn something new today or a month from now? Or a year from now? No. Obviously, if you've got to learn something, you may as well start learning it today. That's what you've decided you want to do. If that's your future goal, if you want to be a professional trader, why put it off? I mean, I say that to myself about any goal that I have. I always tell people to start trading as soon as they can because most people have a learning curve after the class. Not everyone, but I'm generalizing, you know, doing this now for teaching people for six years. And that's one reason being in the trading room and receiving my mentorship is so important. However, even if you have no learning curve and you become an expert right after the golden gap course, you still benefit from practice and practice makes perfect. Just like if you're playing the piano or any musical instrument, practice, practice, practice, you get better. So practicing with a small account is very beneficial and in the end, you're still making money. Five, to offer payment plan to pay for the golden gap course. No, no, I know, because you learned the class in one shot. You do it all in a weekend and you must pay up front because you're getting the information all up front in one full shot. However, you can split up the cost of the class of several credit cards. I do allow that. All credit cards are accepted or you can do a PayPal credit plan. If you're interested in that, I will send you the information. I must send you the link for that as well as an invoice. PayPal does offer it to split it out over six months if you're approved with them for no interest for the price of the class, you pay in full and pay PayPal and installments, but you must be approved through PayPal. And that is something that you have to work through with them and I have to send you the specifics. That's a way to help people. Some people have done it. In the end, it's better if you just I think put it on a credit card or split it up on several cards and have it done. It depends where you are and what's easiest for you to pay on credit or PayPal, but either way, the class must be paid in full because you do it all at once and that benefits you because you learn the system in day one and day two is the entries and you need to know both. The system teaches you what stock to trade in the entries teaches you how to take it and if you're going to be successful, you want to learn it. You want to learn it. That is going to help you do it. I can't I cannot express that enough. Um so anyways, sex, if you only have $10,000, say for example, I had a guy ask me this recently and the golden gap was a 6k. He said, well, if I open up a account with 4k, how much money can I make each week with $4,000? Well, the cash size of your account will determine your per risk trade. You should expect to turn your money over one amount in full per trade. So for example, if it was $500, you should expect to make $500 per trade and I'm being conservative because I want people to be conservative when they start with a $4,000 prop account, you could start risking $200 a trade and so your expectation would be to earn $200 a day or $1,000 a week or what would that equate to four grand a month of $48,000 a year and this is with a small account so you can see how you can build it. Chunk it, chunk it, chunk it. Okay. Now, if you're really good, you might be able to risk more. Some days you might make a little less. Some days you make make a little bit more. Some days you may get a big one. Some days you may not trade. This is an average. Okay. And seven, I always get this, I get this all the time. Do you have people who are successful years in your system making money? The answer is yes. In fact, one of the gentlemen that's helping me run this trading room in the days that I'm on television is a student. He did the glass. He's a student. He does well. When I needed help, I called him because I knew that he really grasped the information I taught him and he's making money and he's doing it. I mean, he's doing great. He doesn't have another job. He's a trader. So that is why I've had the business now for over six years. The best advice I can give you is if you want to be successful, it should follow me in the live trading room daily. And that's your highest chance for success. Okay. Following me. Again, because I'm the expert. Some people join the trading room after the course and some people don't. It's up to you. But that is why I'm offering the room free like this for this Black Friday. It's just a huge, huge, huge benefit. And I grab it because I don't do it every time. And it really will help you get going and it will help you start your own success trading and really give you a leg up to get going here. So ultimately, if you want to do this and trade for a living, you can. What would be the next steps? You would sign up for the Going to Get Course this weekend in November 17th and 18th. Class of the class is $59.99 US dollars. Email me if you want to sign up at Melissa at thestockswish.com. The Trends course is more for swinging traders and options traders. That's in December. Son, ever both. You save $64.99. The options letter is if you just want to do options, you don't want to be in the room. Give the trades email to you. You don't learn it. This isn't a class. It's a newsletter. It's $49.99.