$1k to $100k Challenge - Day 11 Trade #16 - BAT
Updated
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 5 trades: 4 wins 1 loss (PAY missed my sell target by 1 satoshi, then hit SL)
After 11 days and 15 trades:
Wins: 9
Loss: 6
Balance: 0.1712 B
USD: $ 1400
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 please limit your trades to less than 5-10% of your portfolio. Please trade smart.
Alright, here we go with Day 11 trade #16
I invested 0.1689 B into BAT. I bought 3991 @ 4231 satoshi
Sell target is: 4443 for 5% profit
Stop loss: 4040
I will be laddering my sell targets to protect profit.
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 5 trades: 4 wins 1 loss (PAY missed my sell target by 1 satoshi, then hit SL)
After 11 days and 15 trades:
Wins: 9
Loss: 6
Balance: 0.1712 B
USD: $ 1400
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 please limit your trades to less than 5-10% of your portfolio. Please trade smart.
Alright, here we go with Day 11 trade #16
I invested 0.1689 B into BAT. I bought 3991 @ 4231 satoshi
Sell target is: 4443 for 5% profit
Stop loss: 4040
I will be laddering my sell targets to protect profit.
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
The price has dipped a little below my buy in price. This is ok I believe. There is strong buy support, the CCI is slowly starting to turn up and the MACD should be soon. I don't need a complete reversal here, just a fast little bounce to clear my target.Trade closed: stop reached
BAT stop hit. BTC is running well.
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