How To Grow a SMALL Trading Account FAST in 2024 (My 3 Step Plan)

  Рет қаралды 102,073

Riley Coleman

Riley Coleman

Күн бұрын

Here's how I grew a small trading account over the last 3 years from making $50 a win to now making $1000s per win.
📙Free Scalping Strategy Class on how to start becoming a profitable trader ➡️join.evolvedtraders.com/d
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💬Trade With Me: bit.ly/TradeDailyWithMe
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📊My Custom Ninjatrader Indicators: bit.ly/NinjatraderIndicators
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📖Best Trading Journals: bit.ly/3bestjournals
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📈Charting Platforms
Best Overall Platform(FREE): bit.ly/TradingView-Account
Trading Platform I Use: ninjatrader.com/
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My official socials:
Instagram ➡︎ / riley_cooleman
Facebook ➡︎ / rileycolemana
Tiktok ➡︎ / rileycooleman
Twitter ➡︎ / rileycolemant
Linkedin ➡︎ / riley-coleman-932aa016b
0:00 Don't Fall Into THIS Trap
1:55 How To Setup Yourself Up For Success
2:30 This WILL Make Or Break Your Trading
4:03 Don't F*CK This Up
5:35 Steps To Properly Grow Your Account
9:10 None Of This Matters If You Don't Have This
11:55 Do This When You Are Just Starting Out
15:25 The Strategy I Wish I Knew As a Beginner
20:14 This Is My Most Consistent Pattern
DISCLAIMER I am not a financial advisor and anything that I say on this KZbin channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#DayTrading #scalping #scalpingstrategy

Пікірлер: 177
@RileyColeman
@RileyColeman 2 ай бұрын
📗Start Becoming a Profitable Trader ➡join.evolvedtraders.com/c 💬Trade With Me: bit.ly/TradeDailyWithMe 📊My Custom Ninjatrader Indicators: bit.ly/NinjatraderIndicators
@ndekwuchike8182
@ndekwuchike8182 2 ай бұрын
Hello ..thanks for your video...pls one question doe ..what trading platform do you use
@carltonmensah349
@carltonmensah349 2 ай бұрын
@@ndekwuchike8182it’s ninja trader
@KryptoGojo
@KryptoGojo Ай бұрын
Bro TradingView isn't a Broker
@irynaburkatska3910
@irynaburkatska3910 Ай бұрын
​@@ndekwuchike8182It says - NinjaTrader
@Options-zj1vm
@Options-zj1vm Ай бұрын
Your video came on my feed, so l watched and liked. I learned oil futures respect support and resistance more than stocks. l'll like to get into it. I trade on Webull and Robinhood, don't think they don't trade futures there. Spy ETf is so hard to trade, market makers playing cat and mouse tricky set-ups with each candle.
@finaltouchstudio_
@finaltouchstudio_ 2 ай бұрын
Your strategy really helps because I tend to enter trades during big impulsive moves rather than patiently wait for the market structure to become clear
@D.Mill_
@D.Mill_ 2 ай бұрын
Excellent training video on how to actually trade the markets. Thank you for sharing your knowledge. Definitely one of your best videos I’ve watched. Still have many more to watch!
@chrisgong6293
@chrisgong6293 Ай бұрын
Riley you explain concepts so clearly , enjoying the education very much.Keep it up
@stevewaters2974
@stevewaters2974 2 ай бұрын
Tremendous video with step by step instructions on how to be successful. Best I've seen!
@jayhenn550
@jayhenn550 2 ай бұрын
Absolutely awesome video full of great trading and psychology. I appreciate it loads, thank you Riley!!
@felipesousa9892
@felipesousa9892 Ай бұрын
Excellent video! You mentioned a lot of important concepts without any of the bs we are used to watch on other channels.
@johangonzalez9125
@johangonzalez9125 2 ай бұрын
Thank you riley your video helped me to do my plan of trading. God bless you with nothing but the best for sharing your expertise.
@StarShippCaptain
@StarShippCaptain Ай бұрын
Riley! Dude! This is one of your Very Best Tutorials with the most important basic concepts and principles of Trading newbies should follow! Thanks for sharing such a clear and concise video! Really Great!
@natedoglara
@natedoglara 2 ай бұрын
Thanks for the video
@baoton7432
@baoton7432 Ай бұрын
Thanks for sharing
@BryanPatterson
@BryanPatterson 2 ай бұрын
@15:09 are you ever moving up your stop to close out a trade or is that typically a limit or market order?
@user-ul2mb6vy5w
@user-ul2mb6vy5w Ай бұрын
Excellent advice 👌
@coreyburns7744
@coreyburns7744 Ай бұрын
Informative !!👍
@robertarnobit5357
@robertarnobit5357 2 ай бұрын
Thanks for sharing your knowledge and experience. I know you don't have to do this because it's time consuming making videos. Thank you for this video 👍👍
@everardo701ify
@everardo701ify 2 ай бұрын
Love the trade strategy and trade recap videos!
@everardo701ify
@everardo701ify 2 ай бұрын
@@Cross8ow it's his niche and I don't hate him for it. He provides entry level content for beginners who might become better traders later on. I checked your channel and didn't find any trading tutorials videos, so he is more helpful than you and I to beginner traders; and I've been a profitable trader for 6 years but never made an educational video for anyone. Who would you recommend that offers free actionable content to learn day trading futures here on YT or somewhere else?
@ronquillosalvedia6560
@ronquillosalvedia6560 2 ай бұрын
Wow! I have been looking for a very clear and near accurate stategy and I have found it in your video tutorial.😊👌
@DoyleShadduck
@DoyleShadduck Ай бұрын
Near accurate..😝
@fralanor58
@fralanor58 Ай бұрын
Perfect! Thanks a lot! 🎉🙂👍👍👍
@ttun8794
@ttun8794 2 ай бұрын
Really good video,🙏
@XDSasukeUchiha
@XDSasukeUchiha 2 ай бұрын
I wish this was the first and only trading video I ever seen. Great video
@bakhromkhayitov5854
@bakhromkhayitov5854 2 ай бұрын
Thank you, bro
@charitomeinke2132
@charitomeinke2132 7 күн бұрын
Thanks Riley, greetings from Berlin😊
@buchkazloko
@buchkazloko 23 күн бұрын
So simply explained .
@betterbelievers4574
@betterbelievers4574 2 ай бұрын
Please can you teach me how to place, stop loss and take profit, I just set my fixed time, so I'm confused when people say take your profit out quickly, thanks
@sakareaMolelekeng-yy8nb
@sakareaMolelekeng-yy8nb 2 ай бұрын
Good one my mentor
@amjad7851
@amjad7851 Ай бұрын
Video making dedication for forex is perhaps best. Each trend line, each candle, each trade digit alongwith explanation is crystal clear. Thank u. Pls. Keep it up
@carltonmensah349
@carltonmensah349 2 ай бұрын
Do u draw the trendline on the 15 minute or 1 minute
@laurablat2215
@laurablat2215 Ай бұрын
I will like to know how you do money en your trend down? Pleassse I need you explain it, do you sell put? What exactly you do on a downtrend ?
@GlowAura_art
@GlowAura_art 2 ай бұрын
what do you think of prop fund for beginners.
@dominicleong4385
@dominicleong4385 2 ай бұрын
Huge respect for you and what you teach us daily. Your videos have helped me grow tremendously and also special thanks to Larysa Caba she has been of tremendous help to me through my journey too.
@bigelbow2966
@bigelbow2966 2 ай бұрын
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
@annddyyy-6920
@annddyyy-6920 2 ай бұрын
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
@jasperflontes4289
@jasperflontes4289 2 ай бұрын
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
@leticiaenraz8514
@leticiaenraz8514 2 ай бұрын
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
@fredrickalfarez6875
@fredrickalfarez6875 2 ай бұрын
I definitely want to know more.
@cluggyahoo
@cluggyahoo 9 күн бұрын
Riley , you're the best educator on trading on KZbin. Can you please make an A to Z video about opening a NinjaTrader account and explaining step by step how to trade futures on Mes please ?
@tdoc7281
@tdoc7281 2 ай бұрын
I would have gotten out during that big movement thinking that there was about to be a reversal. How do you know to stay in? It also would have broken a trend line if you drew one.
@Logitecc1
@Logitecc1 2 ай бұрын
how can u easy set a ''FIXED'' Ratio and enter quickly ? i often need to calculate etc and my move is gone...
@bwc2000
@bwc2000 16 күн бұрын
hi, you say you put stop losses.. do you put them into the order beforehand or is it a mental stop. I ask because aren't you afraid of 'stop hunting' ?
@CrazyX-jo3kr
@CrazyX-jo3kr 2 ай бұрын
Nicely edited vdo👍
@Tapbio-towtsapnow
@Tapbio-towtsapnow 2 ай бұрын
Thanks for joining Let get intouch now
@marygraceeroller5284
@marygraceeroller5284 Ай бұрын
Thank you
@selina973
@selina973 12 күн бұрын
I like your videos they are really informative, But I would like to see the bad trades as well, keeps it real.
@markman1276
@markman1276 2 ай бұрын
Good keep it up
@jennybthick
@jennybthick 2 ай бұрын
Wow!! Dropping 💎 !!
@PinoyBio
@PinoyBio 2 ай бұрын
Thanks Bro, trader here from Southeast Asia 👍
@clintonmcghie3878
@clintonmcghie3878 10 күн бұрын
How is he able to work out much he can potentially make and risk, by looking at the chart? Im new to this, does any body know?
@saravictor4983
@saravictor4983 2 ай бұрын
Thx.
@bartdalley712
@bartdalley712 2 ай бұрын
Great information, Well done my friend. I've been paper trading since January and averaging 17.45 % daily and as of today I'm at 679 % yearly. Still unsure about trading Realtime i started with 2k$ and my account is at 64K, (paper trading )
@davefortenberry366
@davefortenberry366 2 ай бұрын
Appreciate all that you share. Do you feel that this strategy would work as well with Forex?
@innopurptv7190
@innopurptv7190 24 күн бұрын
what is your Broker..??
@michaelschneider8720
@michaelschneider8720 2 ай бұрын
Appreciate your videos Hi from Gernany. 👍🏼
@skeletorusgaming689
@skeletorusgaming689 2 ай бұрын
Really enjoying these videos but still a lot to learn. I find it difficult to enter a trade with the right number of contracts. Might have to just enter on 1 contract per instrument regardless until I can figure out how to quickly determine how many I need for the stop loss size. Also struggling with the zine placements. I can see the supply and demand levels but think I am drawing my zones too wide and therefore entering a lot of trades too early. Like I said though still learning but enjoying the journey.
@freddycarvajal2653
@freddycarvajal2653 6 күн бұрын
What I have found to work is you can work with 1 contract and if you see that you maybe you entered too early you can buy another contract to double down and strengthen your position
@adityaramadhan4538
@adityaramadhan4538 Ай бұрын
How about FBS ?
@salvage525
@salvage525 2 ай бұрын
Next stop for XEVENTY, Binance listing.
@zoesays3830
@zoesays3830 2 ай бұрын
Very educational What is the purpose of the background music? When you were in school, did your teacher play background music too during lessons?
@TuahUSD
@TuahUSD 2 ай бұрын
Support
@ShootStraight84
@ShootStraight84 2 ай бұрын
The thing is there are no rules , you can follow those to a T and the market goes and does whatever the fuck it wants to lol
@730wavy
@730wavy 2 ай бұрын
You’re drawing support and resistance on the 15 min chart spread throughout quite a few days. When day trading though, a lot of times that support and resistance won’t even get touched during that day, but plenty micro supports/resistance do. Such as spy or qqq. Your videos say you spend 90 mins a day (and on futures) how would you approach that situation? Are you swinging, skipping days til it reaches one of those points, or something else?
@catladytrucker7608
@catladytrucker7608 Ай бұрын
We are waiting. This setup doesn't occur every single day. IMO, the hardest part about this strategy is waiting and not getting enticed by all the stuff in the middle.
@Cryptomamabear
@Cryptomamabear 2 ай бұрын
Goals 😊❤
@bowser3267
@bowser3267 2 ай бұрын
You should add to your video that yes you can start a futures account with a few hundred but even if you trade micros once you loose a trade or 2 you still need a min account balance to continue trading. I'd say deposit 1,000 and keep min balance at 500 cuz less then 350$ you can't even take 1 micro.
@tyrenottire
@tyrenottire Ай бұрын
You can trade more than 1 micro if you have $350 balance.
@Create_o_raptor
@Create_o_raptor 2 ай бұрын
is it good to rely on trading to fund my hobbies rather than my essentials? I can live comfortably with my salary. But I have expensive hobbies
@leoingle
@leoingle 2 ай бұрын
When he says risk 5%,does that mean 5% of your whole account? Or 5% of what you used for that trade?
@tomasaaa6134
@tomasaaa6134 2 ай бұрын
whole acount: If you have 1000USD it is like you can affort to lose 50 USD per trade to win 100USD (1:2) or 150 USD (1:3) RR.
@theCreativeIM
@theCreativeIM 11 күн бұрын
Are you trading with leverage on the $40 trade. I see the stock is worth 3k.
@thundertube
@thundertube 2 күн бұрын
must be 75x
@Andrew-yw8ne
@Andrew-yw8ne 2 ай бұрын
Why doesn’t my ninja trader look like this on my MacBook
@g.classens1284
@g.classens1284 2 ай бұрын
Ninja trader is no available in South Africa 😔
@TheSpriteGod
@TheSpriteGod 2 ай бұрын
6:42 ayoo???
@britcan4067
@britcan4067 2 ай бұрын
Mine is 200%
@lilscotty11
@lilscotty11 2 ай бұрын
Am I crazy or did you change the title of this video
@footballworld8112
@footballworld8112 2 ай бұрын
He hooked us up 😁
@chassnowden6496
@chassnowden6496 Ай бұрын
Need to do a video on growing a small account with stocks instead of futures.
@tyrenottire
@tyrenottire Ай бұрын
Nah
@digger5521
@digger5521 2 ай бұрын
Demo accounts are ok but doesn't take into account the emotion you have using your own money....
@jhendric98
@jhendric98 Ай бұрын
Wait, Tradingview is a broker?
@dtlars1929
@dtlars1929 9 күн бұрын
Same ? here.. it's always been just a data, evaluation, and information platform for all markets. Many brokerages integrate their customer's trading with the data/analysis provided by TView
@edcurtis2572
@edcurtis2572 Ай бұрын
How the hell do you make money on a trade where the index is falling?
@tyrenottire
@tyrenottire Ай бұрын
Short 😂
@MoonlightMj22
@MoonlightMj22 2 ай бұрын
@RileyColeman This strategy is what works for me, but what I have realized is that sometimes the market doesnt show you support and ressitance levels, for example when the price just go up and up and at the left of the screen you even have any structure to have a guide so I asume in those cases we just move on with a diferent market, dont we?
@Elimenator89
@Elimenator89 Ай бұрын
this is a recording from a trade years ago that was the last time he had a win on record lol
@relaxingricky
@relaxingricky 2 ай бұрын
This backroom music sucks and it's driving me nuts 😭😭😭🍷🤙
@manaureseminario2323
@manaureseminario2323 Ай бұрын
👋👌👍✌
@user-fx4lv3kr5i
@user-fx4lv3kr5i Ай бұрын
You CAN day trade stocks with less than 25,000 in your account 5 days a week. Can someone explain why this was mentioned because it is a lie but maybe im missing something.
@AngelFranks
@AngelFranks 2 күн бұрын
What country are you in?
@TempleoftheSon
@TempleoftheSon 2 ай бұрын
"How to day trade with only $50" is not the same thing as risking $50 per trade.
@liquidosity7031
@liquidosity7031 2 ай бұрын
He explained that it does not matter how much you start out with the process is the same. Risk only around 5%.
@TempleoftheSon
@TempleoftheSon 2 ай бұрын
@@liquidosity7031 I'm referring to the title of the video.
@TempleoftheSon
@TempleoftheSon 2 ай бұрын
@@liquidosity7031 I was referring to the title of the video.
@angelinasouren
@angelinasouren 2 ай бұрын
Also, 0:55 Tradingview isn't a broker but a tool. You still need a broker.
@moonplayers3928
@moonplayers3928 2 ай бұрын
It is if you do it once tho
@Carloslopez-mh3ei
@Carloslopez-mh3ei Ай бұрын
I think scalping for a beginner is too dangerous 1 to 1 or 1:2 that's scalping for beginner trader is better swing trades that's how trader are profitable
@BenjaminJas
@BenjaminJas Ай бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Veronica Hoy
@sanchezlopez2020
@sanchezlopez2020 Ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
@GeorgeHenderson-tp9mk
@GeorgeHenderson-tp9mk Ай бұрын
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@RICARICADO231
@RICARICADO231 Ай бұрын
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
@ibrahimamad2123
@ibrahimamad2123 Ай бұрын
I'm new at this, please how can I reach her?
@Abigailzhao34432
@Abigailzhao34432 Ай бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
@outoftime788
@outoftime788 2 ай бұрын
sory did my best tryna stay awake watchin this
@Maclinkapushup
@Maclinkapushup 2 ай бұрын
You are on to something rubber band man…..
@Mark-ef7pi
@Mark-ef7pi 2 ай бұрын
Jim Simons of the Medallion fund is a legend. an MIT grad, mathematician, he holds the record for consistent annual gains at over 60% per year for decades- that amounts to $30 a day, every day, for every $10,000 invested. When I hear someone on KZbin say "I make $200 on every trade with only $500," it brings pause.
@isojasie8941
@isojasie8941 2 күн бұрын
This is futures trading with high leverages, not forex.
@Mark-ef7pi
@Mark-ef7pi 2 күн бұрын
@@isojasie8941 Simons didn't trade forex.
@JBones87
@JBones87 Ай бұрын
The math of that last trade doesn't add up. That was less than a 2 point move with 3 contracts. I call BS.
@RileyColeman
@RileyColeman Ай бұрын
It's in oil. Oil is priced at $1000 a point. for 1 contracts (Entry - Exit) * 1000 * 3contracts 79.2-78.26 = 0.94 *$1000 = $940 * 3 contracts = $2820
@TempleoftheSon
@TempleoftheSon 2 ай бұрын
Risking 5% will wipe your account out really fast.
@krilawtf6842
@krilawtf6842 2 ай бұрын
why? im thinking of openig an account with 500 im wondering how much i should risk per trade
@leoingle
@leoingle 2 ай бұрын
Huh? Most people I know risk 10-20%. Wtf do you expect a person to do when they start off with $1000 or even less.
@TempleoftheSon
@TempleoftheSon 2 ай бұрын
@@leoingle if you have 10% risk on $1,000 account, that's $100/trade. That's perfectly fine if you have $10,000 available to replenish your account and can withstand the emotional toll that comes with losing 10% of your account in a single trade.
@tyrenottire
@tyrenottire Ай бұрын
😂
@DoyleShadduck
@DoyleShadduck Ай бұрын
He’s making millions so he wants you to join his little trading club..lol
@Dario-fm6qt
@Dario-fm6qt Ай бұрын
Ahah it's funny
@chiefmyroncappermoon6135
@chiefmyroncappermoon6135 Ай бұрын
How do taxes work doing this type of thing?
@JohnFlowers-ec9fi
@JohnFlowers-ec9fi Ай бұрын
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