$1k to $100k Challenge - Day 6 Trade #9 - LOOM
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.
Trades this far:
Day 1 BTS: Win +5% profit
Day 2 VIA: Win +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3 EDO: Hit adjusted trade risk free stop 0%
Day 4 LRC: Loss Hit SL -5%
Day 4 ZIL: Win +5% profit
Day 4 THETA: Loss -5%
Day 5 BLZ: Win +5.86% profit
Started with 0.16 B USD value $1000
Balance now: 0.17650829 B
USD value $1292
I will be using my Base play strategy for this trade. What is my Base Play strategy? I wrote about my Base Play strategy here on TV, if you click the image below it will bring you to it.
This is an older post and the stats are not updated. Below are the current Base play stats:
Base Play Strategy Overall stats
110 days
Trades Won: 822
Trades Loss: 287
Winning rate: 74.12%
Total accumulative profit: 2059% Profit
Alright, here we go with Day 6 trade #9
I invested all of it into LOOM. I bought 5590 @ 3158 satoshi
Sell target is: 3377 for 6.93% profit
Stop loss: 2842
Statistics for past LOOM base plays:
Bases Respected: 22 out of 23 times in the past
Average time to complete trade: 6.83 days
Success Rate: 95.65%
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.
Trades this far:
Day 1 BTS: Win +5% profit
Day 2 VIA: Win +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3 EDO: Hit adjusted trade risk free stop 0%
Day 4 LRC: Loss Hit SL -5%
Day 4 ZIL: Win +5% profit
Day 4 THETA: Loss -5%
Day 5 BLZ: Win +5.86% profit
Started with 0.16 B USD value $1000
Balance now: 0.17650829 B
USD value $1292
I will be using my Base play strategy for this trade. What is my Base Play strategy? I wrote about my Base Play strategy here on TV, if you click the image below it will bring you to it.
This is an older post and the stats are not updated. Below are the current Base play stats:
Base Play Strategy Overall stats
110 days
Trades Won: 822
Trades Loss: 287
Winning rate: 74.12%
Total accumulative profit: 2059% Profit
Alright, here we go with Day 6 trade #9
I invested all of it into LOOM. I bought 5590 @ 3158 satoshi
Sell target is: 3377 for 6.93% profit
Stop loss: 2842
Statistics for past LOOM base plays:
Bases Respected: 22 out of 23 times in the past
Average time to complete trade: 6.83 days
Success Rate: 95.65%
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
LOOM is off to a good start, halfway to the sell target. I have noticed there is a sell wall of 1.22 B @ 3376 satoshi and 2.11 B at the sell target 3377 satoshi. My suggestion for those that mirror my challenge plays is to ladder your sell prices out so this doesn't create too much sell resistance. I may do the same on this play.Note
2842 was barely touched, but it was hit and set my alert off. When I got on Binance the price was already up 50 satoshi above the stop loss. I am still holding my bag and have reset the stop loss alert.Trade closed: stop reached
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