My $1k to $100k Challenge: Day 73 - Trade #61 MOD
Updated
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.
After 72 days and 59 completed trades:
Wins: 29
Loss: 30
Balance: 0.1914 B
USD: $ 1291
*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 73 trade #61
I invested 0.10 B into MOD. I bought 1027.74 @ 9730 satoshi
My Sell targets are:
T1: 10210 5% potential profit
T2: 10700 10% potential profit
T3: 11190 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: 9480 -2.5%
MOD had a big flash pump yesterday. Over the last 18 hours, the volume is dropping and the price is increasing. On the daily chart, you can clearly see MOD is on the floor here. This could be an excellent long term hold but I am aiming for just 15% 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.
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.
If you agree, click the agree button.
Your comments are always welcome.
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.
After 72 days and 59 completed trades:
Wins: 29
Loss: 30
Balance: 0.1914 B
USD: $ 1291
*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 73 trade #61
I invested 0.10 B into MOD. I bought 1027.74 @ 9730 satoshi
My Sell targets are:
T1: 10210 5% potential profit
T2: 10700 10% potential profit
T3: 11190 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: 9480 -2.5%
MOD had a big flash pump yesterday. Over the last 18 hours, the volume is dropping and the price is increasing. On the daily chart, you can clearly see MOD is on the floor here. This could be an excellent long term hold but I am aiming for just 15% 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.
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.
If you agree, click the agree button.
Your comments are always welcome.
Thanks for stopping by and have a great day!
Note
Target 1 reached. I sold 514 @ 10210 satoshi and moved my trade stop up to 9730.Trade closed: target reached
Target 1 reached for 5%, then my new stop. Trade is now closed.
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