This week has been great so far…
First, as of yesterday, the S&P 500 has been on a three-day win streak, counting Friday…
And second, one of my favorite setups has been showing up even more often than usual, and delivering wins left and right!
If you don’t know about the Morning Fader, you need to. It’s an easy one to spot, and like all of my most-loved patterns, it’s consistent and reliable.
Great setups abound! Have you heard about the one I recently discovered that’s exclusive to Monday mornings?
The Monday setup mysteriously shows up only on that day, and it can move fast!
We’re talking about moves that can deliver more in one morning than most people see in a month!
And for a limited time, we’re offering the Monday setup for just $7!
That’s an 85% discount off the regular price.
This sale won’t last forever…
So, check out this pattern ASAP in my video tutorial below.
With quality setups like the Morning Fader, you can make a few trades a day and grow your account into a meaningful one over time.
It’s perfect for traders with a small account.
Don’t believe me?
Starting out with a small account?
Good, I respect that.
Too many traders dive in too deep, too fast, blowing up accounts before they ever learn the basics.
Starting small protects you from yourself while you figure the trading game out.
Today, let’s walk through seven smart ways to maximize a $1,000 trading account, especially if you’re under the dreaded PDT rule.
Table of Contents
#1 Understand the PDT Rule (and Use It to Your Advantage)
If you’re in the U.S. and have less than $25K in your brokerage account, you’re subject to the Pattern Day Trader Rule (PDT Rule).
Read all about it here and learn what it means for you.
Personally, I think the rule is ridiculous, but that discussion is for another day and another time…
That being said, I think there’s one thing it’s good for. It forces traders to slow down, avoid overtrading, and focus on only the best setups.
So, as annoying as it is, you can use the PDT to your advantage.
#2 Choose the Right Broker
Not all brokers are created equal.
Some offer zero commissions, but limit your ability to trade Over-the-Counter stocks (OTCs), which can be goldmines for small accounts. If you can’t trade them, you’re missing a lot of opportunities.
Shop around and compare things like commissions, access to OTCs, and platform tools.
And don’t be afraid to negotiate fees, especially if you’ve been with your broker for a while.
Speaking of platforms, my top pick and the one I use every single day is StocksToTrade.
It features real-time data, charting, technical indicators, a paper-trading environment, and much more.
STT has everything you need to stay ahead of the game.
And right now, you can get two weeks of both the STT platform and our Breaking News Chat service for $17.
Grab your 14-day StocksToTrade + Breaking News Chat trial today for only $17!
#3 Don’t Go All-In
It’s tempting, I know…
You want to turn that $1K into $10K, like yesterday.
But over-leveraging or maxing out your buying power is a fast track to blowing up your account.
Instead:
- Focus on smart setups;
- Use small position sizes;
- And aim for percentage gains, not dollar gains.
Making 50% on a trade is great, even if that’s only $50 in profit. Over time, those small wins will grow into something big…and without the unnecessary risk.
#4 Always Use Limit Orders
Write this down…
Never use market orders.
A market order tells your broker, “Fill me at the worst possible price.”
It’s FOMO-driven, and it leads to bad fills, stop-outs, and regret.
Instead, use limit orders to control your entries and exits.
Control your price, or the market will control it for you.
#5 Get Up Early and Prepare
Wanna know what gives me my real edge?
I get up before the competition.
Even when I first started trading and was running a business at the same time, I still got up early every day to run scans, check news, build watchlists, study the overall market, and take notes.
Check out my blog post to learn more about my morning routine.
No excuses. If you can’t commit to waking up and preparing… trading might not be for you.
#6 Focus on the Best Times of Day
Trading is all about timing, and some windows are better than others…like the Monday setup.
- 9:45 am: The first real test of the open. If a stock can’t break out by then, the move often fails.
- 2:00 pm: The midday chop ends, and volume often returns. Perfect for VWAP Hold high-of-day breakouts. This is one of the best setups out there for part-time traders or those with small accounts.
Avoid:
- Midday (11 AM–1:30 PM)
- Low-volume pre-market trades
- After-hours traps
#7 Get Obsessed
This game isn’t easy, and it’s not meant to be. Trading might be the hardest thing you ever try.
So focus on learning:
- Tune in to my Pre-Market Prep where I walk you through all the setups that day and answer your questions.
- Study chart setups.
- Track your trades.
- Read trading books.
- Build watchlists.
You have to do the work to reap the rewards. Plain and simple.
My Final Thoughts…
Play the long game.
You won’t get rich overnight, but you can build a powerful foundation with just a $1,000 account if you:
- Stay disciplined
- Focus on quality setups
- Use smart risk management
- Learn from every trade
Be realistic with your goals. Focus on percent gains, solid setups, and becoming the trader you want to be a year from now, not next week.
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
- Learn one of the easiest ways to spot a great trade.
- Have a trade plan? Great! What do you do when it fails?
- Wanna know why else I love 9:45 am?