redking75

My $1k to $100k Challenge: Day 54 - Trade #53 NEO

Long
redking75 Updated   
BINANCE:NEOBTC   NEO / 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.
Current streak of 8 out of 10 profitable trades in a row.

After 52 days and 50 completed trades:
Wins: 24
Loss: 26
Balance: 0.1686 B
USD: $ 1088
*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 54 trade #53
I invested 0.08 B into NEO . I bought 26.07 @ 306800 satoshi
My Sell targets are:
T1: 322200 5% potential profit
T2: 337500 10% potential profit
T3: 352900 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: 291400

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 active:
NEO is on the move as I anticipated.
It truly sucks that we can't post chart updates in our own threads now here on TV.
Comment:
+3.6% since entry.
Trade closed: stop reached:
Big BTC drop and NEO hit SL.

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