redking75
Long

My $1k to $100k Challenge - Day 27 Trade #40 - KMD

BINANCE:KMDBTC   Komodo / Bitcoin
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.

I will be using a trading bot with profit trailing set if the trade goes over 3 1/2% profit.
This means if the trade goes past 3 1/2% profit but doesn't reach my sell target, once the price dips more than 0.50%, the trading bot will sell and take profit.

After 26 days and 38 completed trades:
Wins: 16
Loss: 22
Balance: 0.1517 B
USD: $ 989
*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 27 trade #40
I invested 0.0751 B into KMD . I bought 366.34 @ 20500 satoshi
My Sell target is: 21530 for 5% profit
My Stop loss: 19980 (-2 1/2%)

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.

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

Thanks for stopping by and have a great day!
Trade closed: stop reached

Comments

i admire your commitment you should try combining shorting btc trades together with altcoin trades...
or the even tougher part waiting a better oportunity then to enter a new trade after one is complete

anyway see you at 100k good luck
Reply
waiting for the post when you finally snap
Reply
why dont you try short strategy(if you have Bitfinex akk)? you are on bear market.
Reply
redking75 proton8
@proton8, I am from the US and don't have Bitfinex
Reply
it has been a lot of fun following redkings challenge trades!
Reply
MrPanic backwoodartistry
@backwoodartistry, a lot of rekt
+1 Reply
@MrPanic, i follow all trades, not just the challenge trades. wayy more wins than "rekt", check it out for yourself! :-)

http://bit.ly/Redking_NerovDiscord
Live stats
http://bit.ly/RedkingLiveStats
100k Challenge stats
http://bit.ly/1kto100kchallenge
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