Start small So money gigs mr. V here welcome to another video guys So in today's video I want to answer a question that I've gotten from some of you guys on the channel on how to Day trade with a small account So if you again when I mean small account, I'm talking something between a thousand dollars and five thousand dollars How do you a day trade with that amount of money on weibo? Before we get started guys for you new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and in a notification belt So you don't miss out on new content. So how do you day trade on weibo with a small account? Again, like I said a small account in this case. I'm talking between one thousand and five thousand dollars For starters, once you sign up for weibo there are two types of account that you possibly get you get a cash account Or you get a margin account. So I've actually done a video here on the channel where I break down the differences between the two accounts between Cash and margin account and hook that here so you can definitely go check it out But just for this video, I'm gonna explain a little bit of a cash account Once you sign up and deposit money you get unlimited trade with a cash account But the only thing is there's a cash to it But when you sell your stocks it takes two business days For your money to set it back in your account before you can use it to trade again Whereas with a margin account if you have over twenty five thousand dollars then you get unlimited trade and if you have less than twenty five thousand dollars, you get three Day trade in a five business day cycle. So If you take you can if you on Monday if you do three day trades and then I take until Five business days you would not be able to do another day trade. So that's just the cash up So in your case if you have less than twenty five thousand dollars So in this case again between one thousand and five thousand dollars I'll recommend that you switch your if you have a margin account today I'll say switch it to a cash account or if you haven't already open the account open Cash account once you open your cash account and deposit your money and the money settles here is how I want you to Structure it because this is how I started you take for instance your five thousand dollars I want you to split it up into two parts so twenty five hundred dollars a piece So on day one let's say on Monday you only trade with twenty five hundred dollars That's what you would have for trading that day And then on Tuesday you trade with another twenty five hundred dollars So if you're used to in five hundred dollars to trade on Monday You have twenty five hundred dollars a trade on Tuesday and then the other twenty five hundred dollars that you trade it with a Monday Goes through Tuesday and settle on Wednesday and it's ready for you to trade with again without strategy You would never ever miss a day of trading because your money hasn't settled yet The implication here is that you are gonna make less profit because you're only trading with half of your Your buying power But the good news is that you still be able to do your trade on a daily basis as opposed to having to wait a day for your cash to settle So that is a very simple strategy that actually started with I implemented that until my account Through to the point where I did convert my cash account to a margin account in an inside trading on limited trade So that works for me just fine So you should definitely give it that strategy a shot and that is another way for you to avoid What I call the PDT that pat and date trading valuation that you would get and also you can avoid a good fade valuation So good fate would be that you buy a stock today with money that hasn't settled and then sell it today Before the money settle so that way they'll punish you for doing that So you you're using once don't you shoot two birds? So you take that money you split it up in in two parts you are Know you have enough money to trade every single day at the same time you are avoiding getting good fade valuation because You're not using on set a cash to to trade. So let me know in the comment section What do you think about this strategy again? Like I said it works for me. What if you don't add a other strategies that you are applying or implementing that is helping you Grow your account let me know the conversation give you if you're new to the channel and you want to learn more about Kind of date trading here on weibo. That's what I talk about. That's my as my Experience and so we use weibo and I'm gonna put the link in the description below where you can sign up and get two free stocks Just for signing up and depositing a hundred dollars to get you started and as always guys Stay motivated You