redking75

$1k to $100k Challenge - Day 17 Trade #25 - APPC

Long
redking75 Updated   
BINANCE:APPCBTC   None
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.

The first week, I made a few mistakes that cost me. Being greedy never pays off.
Last 13 completed trades: 9 wins 4 loss

After 16 days and 23 completed trades:
Wins: 14
Loss: 9
Balance: 0.189047 B
USD: $ 1536
*Some trades may be pending and not yet included in my stats

There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.

CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.

Alright, here we go with Day 17 trade #25
I invested 0.100547 B into APPC. I bought 4748 for an average cost of @ 2118 satoshi
Sell target is: 2224 for 5% profit
Stop loss: 2017

For the last week APPC has been bouncing off from my buy price very well with gains up to 10%. Just looking for an easy 5% daily gain here.

In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group.

Your comments, agrees and disagrees are always welcome and appreciated.

Thanks for stopping by and have a great day!
Trade active:
3 hours into my APPC trade BTC dropped and killed all the momentum plus the price. The current price is slightly below my buy in. Luckily, there is a ton of support in this price range. However, more time for this trade will be needed to develop momentum again.
Trade closed: stop reached:
SL hit, trade closed

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