Small Account Challenge - Blue Prints to $100,000 by 2021

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Hey what's up every one and welcome to my YouTube channel. My name is Charles and in my last video, I talked about how with a brand new account and with $200, grow that account to $100,000 by the end of 2021 by swing trading the market. In this video, I'll explain how I plan to do exactly that. So stick around until the end of video. Let's make some money.

(Laptop segment)

And that’s pretty much it. It looks good on paper but is it doable is the question. As you saw with the spread sheet the numbers and mile stones I’m giving myself, this plan will only work if I’m able to find stocks to invest in that will give me at least 24% returns by the time I take profit on them. So what is it do I plan on investing in that will give me those type of returns? I’ll be looking for high growth stocks that have the potential to run up quick and lately it’s been in the EV space like NIO, XPENG, and Blink Charging although recently almost all the entire EV space took a huge hit. I’ll also be looking at penny stocks that have the potential to break out given the right catalyst. And I’ll be looking for SPACs or special purpose acquisition companies that have announced who they are merging with or are soon to merge. So really, I’ll just be buying the hype of the “next best thing” and selling to make a profit and thus will be doing little research on those companies if that. Guys, like I’ve mentioned in my last video, I’m not a financial planner or a licensed professional so the information I’m providing is for entertainment purposes only. I’m not telling you what to do; I’m just explaining what I’m doing. And what I’m doing is very risky because with a series of bad trades and if I don’t get out when I should, I could lose everything. And if I do, fortunately it will only be $200 but I’d have to start all over again.

Look forward for my next video where I’ll tell you how I did on the November 11th. See you next time!