20 Pips Challenge to Grow Small Account Fast

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20 dollars turned into 52 thousand dollars in 30 days or so.
That's the strategy one of my Patreon supporters sent me a while back.
They wanted me to test it to see if it worked.
Well, that's exactly what I did in this video by making 1000 trading bots use this strategy at the same time.
I will be honest, in my around 8 years of trading journey, there are mainly 2 strategies or concepts that have surprised me.
One was the Donchian channel strategy, which got a way higher win rate than my expectations.
And the second one is this 20 to 50 thousand dollar trading strategy.
You will see why I found it good when I show you the testing results.
But what even is this unrealistic-sounding trading strategy?
Well, it's a fast account growth strategy.
It's also called the 20 pips a day challenge.
20 pips can sound like a Forex term.
But the strategy works in all kinds of markets, be it stocks, or crypto, it doesn't matter.
The main idea is this:
There are a total of 30 levels.
Each level has a specific account balance.
Since you start with 20 dollars in this challenge, level 1 account balance is 20.
How are the other levels' account balances calculated?
Imagine that you make 30% profit on your previous level account size.
That new 30% increased account size is the account size of the next level.
For example, to calculate level 2, we look at the level 1 account size, which is 20 dollars. 30% profit on that 20 dollars is 6 dollars.
Now, the total account is 26 dollars.
That's the account size of Level 2.
To get the Level 3 account size, we see what a 30% profit on the Level 2 account size would be. 30% profit on 26 dollars is 7.8 dollars.
Add that to 26, and we get the Level 3 account size, which is 33.8.
If we keep doing this math for the next levels, this is what it will look like.
Here's the thing.
Every level has an account size range.
After starting at Level 1 with 20 dollars, if your account size crosses 26 dollars, you upgrade to Level 2.
If your account crosses 33.8 dollars, you upgrade to level 3.
But if your account size drops below 33.8, you go back to Level 2, assuming you still have 26 dollars or higher.
If you keep following this rule, at the 30th level, your account size will reach more than 40 thousand dollars.
And after completing level 30, or in other words, after making the final 30% profit, your total account size will cross 52 thousand dollars.

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