 Hello, everyone, and welcome. My name is Melissa Armad. I am the Stock Swoosh. And I wanted to talk to you today about various risk amounts. So you can trade my strategy on gaps with a small beginner account. You can also trade it with a large account. So what's the difference? The difference is your sizing. If you have a small account, then obviously you have to take smaller size. It doesn't really matter what size account you have. You can be profitable with a small account or a large account. A lot of times people think, oh my gosh, you know I can't trade until I have this much money. Listen, you can go to different types of brokers. You can go to retail brokers. You can go to proprietary day trading brokers. You fit within the limitations at that specific broker and you're also your cash limitations. But don't not trade or start to trade or learn how to trade because you feel like you need some obscene amount of cash. While you can make more money if you risk more, that's true. You'll still lose if you don't know what to do even if you had a million dollars. So people that have a lot of money still lose in the market because a lot of times people that have a lot of money don't know what to do. You can be profitable and successful with a small account if you know what to do. And that is why it is so important to know what to do. So you can grow slowly over time and I call it chunking it out. A small account and build it up. And as far as I'm concerned, you should be careful whatever you're doing, whatever your risk is, whether it's $100 a trade or $1,000 a trade, you should be careful what you're doing. And I always teach people in day trades to use stops. Now what is a stop? It's I call it a hard stop, it's a limit order stop. If the stop hits through the stop, then you're out. If you don't put a stop in a trade then it has an unlimited risk. Now when you're doing options, the stop basically is a size position. If you take one contract, you can't lose any more than that, so on and so forth. So essentially the position is the stop amount. So the amount that you risk is the stop. That's the set amount you can't lose any more than that. But if you're thinking about doing this, the most important thing is focusing on learning, getting good and wherever you are, whether you have a small account or a larger account, you can build it over time. There's no rush, there's no emergency. I was talking to a gentleman the other day, he's really in a rush to get his account. He's been trading options up to the 25,000, so he can do the day trading actively with the options. I said, listen, what's the rush? You're doing really good, don't push it. Don't push it, you'll get there when you get there, whatever it takes. Like if you're pushing it, if you push the envelope then you're gonna follow up the wagon. So just take your time, you will get there. You're doing well, I said. The guy is doing well actually. He's a construction worker. He has not done the class yet. He's on the options newsletter and he's doing well. He's doing really well and he's gonna do the gap options class next week and he hasn't done the golden gap class yet at all. He's just taking the newsletter trades and I said, listen, don't push it. You will get there. So this is something that anyone could do. You have to take your time wherever you're at. Again, you can take a small account and train. You can take a large account and train. Learning what to do and knowing what to do is very, very important. If you'd like more information about day trading, stocks or options, email me at Melissa at thestockswish.com. Or go to my website at www.thestockswish.com. Upgrade to everyone.