redking75
Long

My $1k to $100k Challenge: Day 75 - Trade #63 ETC

BINANCE:ETCBTC   Ethereum Classic / Bitcoin
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 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.

After 74 days and 60 completed trades:
Wins: 30
Loss: 30
Balance: 0.1914 B
USD: $ 1291
*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 2-4% of your portfolio per trade. Please trade smart.

Alright, here we go with Day 75 trade #63
I invested 0.09 B into ETC. I bought 52.66 @ 170900 satoshi
My Sell targets are:
T1: 179500 5% potential profit
T2: 188000 10% potential profit
T3: 196600 15% potential profit
I will sell 50% at target 1. 25% at target 2 and 3.
If target 1 is hit, I will move my SL up to my buy in price.
If target 2 is hit, I will move my SL up to T1.
SL: 166600 -2.5%



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. This has been a fun experiment and I enjoy sharing my journey.

If you agree, click the agree button.
Your comments are always welcome.

Thanks for stopping by and have a great day!
Trade closed: stop reached
Very interesting that you are doing this, i love to see it. Are you considering to change strategy?
Reply
redking75 furrytrader
@furrytrader, Yes, once I build my bankroll a little more, I will most likely add some longer holds with larger sell targets.
Reply
furrytrader redking75
@redking75, Right, you are doing pretty good so far. Less trades but more research and effort each trade would be more efficient i believe. Good luck!
Reply
Thank you !
+1 Reply
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