Long $1k to $100k Challenge - Day 4 Trade #5 - LRC
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.
Trades this far:
Day 1 BTS: +5% profit
Day 2 VIA: +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3: EDO: pending
I will show a complete trade breakdown on the next post.
Alright, here we go with Day 4 trade #5
I invested 0.0855047 B in LRC bought 1871 @ 4570 satoshi
Sell target is: 4799 for 5% profit
Stop loss: 4342
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
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.
Trades this far:
Day 1 BTS: +5% profit
Day 2 VIA: +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3: EDO: pending
I will show a complete trade breakdown on the next post.
Alright, here we go with Day 4 trade #5
I invested 0.0855047 B in LRC bought 1871 @ 4570 satoshi
Sell target is: 4799 for 5% profit
Stop loss: 4342
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
Comment:
Bitcoin just had a nice breakout past 6800. This is good for altcoins once the dust settles. Til then, sell offs will occur and hopefully stops don't get hit.
Trade closed: stop reached:
Well, BTC had one heck of a nice breakout, but this unfortunately made my stop loss hit. Not much I can do here but take the -5% loss and move on. I believe I had the right coin and entry, just bad timing with BTC breakout. No regrets.
Comment:
I will wait for the dust to settle before entering any new trades.
