Small Cap Society Trading Challenge
Okay so I am opening and funding an account with only $500, and I will be building that account up with a goal of ending the year of 2014 with a substantial increase to show people that you CAN build a small account up, with a SMALL amount of funds to start.
I will be trading all stocks, from OTC/PINK to AMEX/NASDAQ. I have other accounts with a lot bigger $$$ in it, so for this challenge, I will say "SCS Acct" as the heading when I make a buy/sell from this challenge account. I will log the trades, show screen shots from time to time, etc, and see what we can do with this $500!! It should be very very fun and exciting, as well as challenging, because one crap trade at the start, ends the challenge lol. I have margin enabled, so I don't have to wait for anything to clear, but do have the PDT rules to abide by. I will be using Scottrade as my SCS account.