He takes 1000 Trades a Day. Here's how he Makes Money

Summary

Tariq, known as RT / Relentless Trader, describes a high-frequency day-trading approach he calls “hyper scalping.” He says he has accumulated roughly $700,000 in trading profits and attributes his results less to predicting large moves than to repeatedly taking small gains, cutting losses quickly, and following strict rules. These are the guest’s self-reported results; the subtitles do not provide independently verified performance data.

Strategy and trade selection

• Trade short-term momentum: He typically holds stocks for seconds or minutes, looking to capture small portions of moves that recur during the day. He says he may take 500–1,500 trades in a day.
• Choose active stocks: His preferred candidates are leading gainers—often small-cap or penny stocks—with:
  • A catalyst, such as breaking news
  • Strong trading volume
  • A relatively low public float, which he says can make a stock easier to move
  • Tight bid–ask spreads to help limit execution costs and risk
• Check the setup: He uses Level 2, candlesticks, chart patterns, and a few EMAs. Patterns he mentions include breakouts, bull flags, bear traps, bull traps, and red-to-green trades.
• Plan entry and exit before buying: He looks for an entry near support or an imminent breakout, with a defined stop that is reasonable relative to the target. He prefers not to enter when support is far away.
• Take profits and manage exposure: He often exits quickly, but says he has increasingly scaled out in portions, leaving some shares to potentially capture a larger move. He may pursue a late or extended move only when the market environment supports it and he considers the risk acceptable.
• Avoid “improvising” in a losing trade: He says he does not average down or add to a position against his stop. His stated priority is to cut a trade when it is moving against him, sometimes before the planned stop is reached.

Risk, returns, and market conditions

• RT reports an approximately 50% win rate. He says his planned risk/reward is generally at least 2:1—for example, seeking a 20-cent gain while risking no more than 10 cents—though he may exit earlier if the trade weakens.
• He says his average winning trade has been around $50–$60, versus average losses of roughly $10–$20, depending on the period. He credits tight loss control, rather than a high win rate, as the core of his edge.
• He says small-cap stocks can move 40%–100% in a day; on especially active days, he has seen multiple stocks rise 50%–70% or more. He says his trading universe ranges from $0.10 to $50 per share. These are his observations, not guarantees or forecasts.
• As an illustration of float, he contrasts Apple, with billions of shares outstanding, with companies having only a few million shares available to trade. The transcript does not give a specific Apple ticker symbol.
• He says trading conditions have changed: compared with 2020 through early 2025, he has found the market open more prone to traps and selling pressure recently. He now says pre-market can be smoother for him, while the open can require more patience and discipline. He typically starts around 7:00 a.m. market time and trades until roughly 11:00 a.m.–noon, preferring not to sit at screens for more than about five hours.
• He says he may trade more aggressively when the market is hot, but cautions that chasing moves is riskier and is not something he recommends to inexperienced traders.

Account history and reported results

• He says he began with $2,500 of his own savings, earned while studying at Rutgers and working at Home Depot. He initially funded an account with about $27,500, using borrowed money as well as his own:
  • A sibling provided cash from a $16,000 credit-card limit.
  • Another sibling contributed about $5,000 in savings.
  • Some credit-card borrowing had an introductory APR lasting 8–12 months.
• He says he would have stopped trading live and returned borrowed funds if he lost his own $2,500. He later cautions traders to pay off borrowed money first once they have the means, describing how interest became a burden after the family-funded trading plan went poorly for a sibling.
• His reported trading results were about $16,000 from May to December 2020, $45,000 in 2021, $58,000 in 2022, and $175,000 in 2023. He says he paid off the debt, left his job and school, and began trading full-time in 2022; he describes 2023 as his first breakout year.
• He says he nearly blew up an account while trading in a simulator around 2019, after breaking his rules and overtrading. He says he has not had another blow-up since.

Broker and platform considerations

• RT says Charles Schwab ended its relationship with him without giving him a clear reason. He and others in his community speculated that their unusually high trading frequency may have contributed; he says they subsequently changed platforms and adjusted their strategies.
• For hyper scalping, he values a platform that allows fast execution and has minimal fees. He also recommends upgrading equipment or internet when affordable, while noting that traders do not need an excessive number of monitors.

Process and discipline recommendations

• Focus on progress and process rather than a fixed monetary goal. RT says profit targets can create pressure, encourage overtrading, or cause a trader to stop despite still seeing valid setups.
• Read the market conditions and adjust risk; do not assume yesterday’s performance means today will be the same.
• Track trades and use screen recordings to review execution and identify errors.
• Study consistently, maintain a routine, and treat trading like a business.
• Build a supportive trading network and use accountability methods if helpful.
• He emphasizes that discipline and risk management are essential; trading is competitive and involves market participants such as algorithms, high-frequency traders, banks, and institutions.

Assets and instruments mentioned

• Stocks: Small-cap stocks, penny stocks, leading gainers, and Apple as a large-cap comparison.
• Sectors/catalysts: A pharmaceutical company and a cancer-cure headline are used as a hypothetical news example.
• Platforms/brokers: Robinhood and Charles Schwab.
• Other references: The SEC and exchanges are mentioned in connection with requirements for high-frequency trading. No ETFs, bonds, crypto, or commodities are discussed.

Disclosures and cautions

• No explicit “not financial advice” disclaimer appears in the subtitles.
• The guest’s profit figures and trading claims are self-reported, and no account statements or audited performance are presented.
• The discussion describes a highly active, risky trading style—not a guarantee of returns. RT’s use of borrowed money is part of his personal history; he specifically advises paying off debt and cautions inexperienced traders against chasing moves or trading without disciplined risk controls.

Presenters and sources: Host of the Humbled Trader Podcast (not identified by name in the subtitles); guest Tariq / RT, Relentless Trader.