If you’re a new trader trying to grow a small account, this is the newsletter for you. Today, I’m sharing a new system I’m trading designed to do exactly that. And in this newsletter, you’ll get the basics of this system. But, if you want to read the whole thing…
My “Double Dip” Strategy for Growing Tiny Accounts
For a long time, I’ve been asked one question more than any other: is there really a way to grow a small, starting trading account consistently over time?
I think I have the answer…
The View
As I’ve mentioned, for a long time, I’ve heard the same question over and over again:
Is it really possible to grow a small trading account into something meaningful?
Sometimes a trader will say “of course it is!” and then proceed to demand that you have $2,000, $5,000, or even more to get started with.
And I know some folks don’t have that kind of money to put towards trading.
It’s always really bothered me.
But when I thought about it, and really sank my teeth into the problem, I thought of a potential solution.
It has to do with dividends.
The reality is that dividend stocks are overlooked far too often by the “trading” world.
After all, traders are fixated on things that make big moves fast, not trades that take a long time to set up and pay off.
Traders want the sexy story of an out of the money option that spikes by triple or quadruple digits in a day or two.
But we get so distracted by that, we forget how impressive it would be to grow an account by 10%, 20%, or even 40 or 50% over a few months.
I mean, when you get right down to it, a savings account at a bank or a Certificate of Deposit grows at, what, fractions of a percentage point? Maybe 1 or 2% on a really good rate? And that takes a whole year or more to mature?
So while it’s not the eye-popping, sexy headline, a trading strategy that could outpace a savings account by 10x, 20x, or a lot more is still a really big deal.
But that’s the thing about dividend stocks; they can be pretty slow moving themselves, unless you know what to look for!
And that’s where I came up with the idea of the “double dip”: one trade that I already love on a stock with a high dividend yield that is going to pay out an extra premium as the trade matures!
It’s really the best way I can think of to grow a small account over time.
And this morning, I’m releasing my findings for the very first time. You can read all the details here.
Right now, with money as tight as it is for everyone, I think it’s more important than ever to have smart trading strategies that don’t require you tying up a ton of capital.
No one should ever risk money they can’t afford to lose, of course.
But the great thing about this setup to me is, you don’t have to risk a ton. You can start with as little as $100, or you could trade an account a lot bigger than that.
And it’s just stock plays, no confusing options setups.
If you can’t tell, I’m really excited about this strategy, so I do hope you check out the details.
Hope you have a great Tuesday,
