$1k to $100k Challenge - Day 16 Trade #22 - REQ
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 10 completed trades: 7 wins 3 loss
After 15 days and 20 completed trades:
Wins: 12
Loss: 8
Balance: 0.1847 B
USD: $ 1514
*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 16 trade #22
I invested 0.0847 B into REQ. I bought 10341 @ 819 satoshi
Sell target is: 860 for 5% profit
Stop loss: 780
I will be laddering my sell targets to protect profit.
REQ started to make a move on the 25th but the BTC drop killed the momentum. Solid buy support bewteen 805 and 820 and the indicators show the momentum is building back up.
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.
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.
The first week, I made a few mistakes that cost me. Being greedy never pays off.
Last 10 completed trades: 7 wins 3 loss
After 15 days and 20 completed trades:
Wins: 12
Loss: 8
Balance: 0.1847 B
USD: $ 1514
*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 16 trade #22
I invested 0.0847 B into REQ. I bought 10341 @ 819 satoshi
Sell target is: 860 for 5% profit
Stop loss: 780
I will be laddering my sell targets to protect profit.
REQ started to make a move on the 25th but the BTC drop killed the momentum. Solid buy support bewteen 805 and 820 and the indicators show the momentum is building back up.
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.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
Trade active:
REQ trade is off to a good start
Trade closed: target reached:
Well that was nice and fast, the way I like it. REQ hit my sell target in 2 hours. Trade is now closed.
