Jeff Williams Small Account Challenge Review
Many traders are looking to grow a small account quickly. People like the idea of starting with a few thousand dollars and grow it quickly into millions.
This rarely happens.
Instead of $1k to $10k in 90 days, they turn $1k in $100 in 90 days.
Jeff Williams of RagingBull.com runs a service where he trades a small account (usually a few thousand dollars and tries to grow it quickly with huge % gains).
But can the average trader with a small account actually follow his trade alerts and make money?
I took Jeff’s $1k to $10k challenge to find out!
Disclosure: There are some affiliate links below, but these are all products I highly recommend. I won’t put anything on this page that I haven’t verified and/or personally used. I may get paid a commission if you buy anything through these links, at no extra cost to you.
What I find is that all of these services are easier to day trade. Holding overnight introduces risk and I can often make great money just quickly buying then selling many alerts services. My favorite to do this on is Kyle Dennis Fast5.
I trade Fast5 weekly and usually make $1,000 – $5,000 in a few mins with very minimal losses. Check out the video below for video evidence and my rebuttal to haters that say I am some kind of pump and dumper promoter.
Jeff Williams Small Account Challenge Review
Can Jeff Williams really trade $1k in to $10k in 90 days all while alerting every trade on a live stream to subscribers? I joined to find out!
Jeff was a school teacher until he teamed up with Jason Bond to teach others how to trade. He specializes in low-cost stocks below $5 a share and often trades OTC stocks.
Here runs multiple different services at RagingBull. The lowest cost one that I love is called Weekend Wiretaps.
He has run several of these small account challenges with some success for himself. I am more interested in his subscribers though – a guru making money on his alerted trades doesn’t always translate to subscriber success.
Jeff Williams Small Account Challenge Review: What Do You Get?
>Jeff live streams building his watch list to pick the $1k trade. This starts at 2:45 ET and is really useful. He then says in the room ‘ok guys I just bought XXX stock’ and everyone rushes to buy.
Let’s face it – most people won’t manage that. However, I believe there is value in the service for more experienced traders. Here is why.
My Results Trading Jeff Williams Small Account Challenge
I have started with $1k to test this service.
Here is the thing though. I am not limited by the pattern day trader rule. My account has more than $25k in it, I just chose to use $1k for this challenge.
This REALLY matters!
All the trades below that I took on Jeff’s challenge were DAY TRADES for me.
11/2 (day 1): $ACOR $1.09 to $1.16 = +$60
11/3 (day 2): $OWCP $0.017 to $0.0181 with 85000 shares = +$93
11/4 (day 3): no trade
11/5 (day 4) Jeff’s account was still tied up in $OWCP trade so he did a trade outside of the challenge – $SNDL I took 2% profits quickly on it. So, basically I bought the wrong stock.
My account is now at 17% growth or $1173.
11/9 (day 5) missed his $1k challenge alert but got in DXLG another of his picks at the end of the day. I made 3% with my small account challenge, bringing me to $1193.
11/11 (day 6): $TELL made $28.34. $1.245 to $1.28 just held for an hour or two.
11/12 (day 7) $CLNE made $19 from $3.29 to $3.36.
11/19 (day 8) $NAKD in at $0.2979 to $0.3 = 1.5% profits
11/23 (day 9) $BORR in at $0.8097 sold at $0.8334 = 3% profits = $35
12/1 (day 10) $BIOL = 2.5% = $65
12/2 (day 11) $SNDL = 3% (0.7694 to $0.7936) = $40
12/3 (day 12) $BOIL = 0% = $1
12/4 (day 13) $SESN = 1.5% = $17
12/8 (day 14) $TRCH = 3% = $41.9
12/9 (day 15) $HALB ($0.057 to $0.061) = 6%
$ARCS = 1% = $100 total for the day
I haven’t lost any of the trades so far and grown my account 54% in the 15 days.
Account has now gone from $1k to $1,539 in 15 days with small account challenge (54%).
BUT, I am buying the stock and selling it after hours. Jeff has been holding them overnight and often losing.
So, Jeff is currently down on his small account challenge but I am up. Will this continue to be the case? Who knows!
My plan is to try to document all my trades on this service for 90 days and see what % gain I can get.
Jeff Williams $1k Challenge Review: Conclusions
Will you be able to take $1k and copy Jeff Williams $1k challenge and make money? Personally, I don’t think so. However, if you can day trade them – I bet you can! I know I do.
For me, stock alerts services are more about finding strategies that make me money consistently – that never means copying the guru’s. Jeff Williams buys momentum at the end of the day. I capitalize on that.
Hope this review helps!