$1k to $100k Challenge - Day 7 Trade #10 - NAV
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
Day 6 LOOM: Loss -10%
Started with 0.16 B USD value $1000
Balance now: 0.1588678 B
USD value $1186
Alright, here we go with Day 7 trade #10
I invested all of it into NAV. I bought 2529 @ 6280 satoshi
Sell target is: 6910 for 10% profit
Stop loss: 5810
NAV is coming off a year low. Volume is picking up and reversal bounce seems to be in play here.
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
Day 6 LOOM: Loss -10%
Started with 0.16 B USD value $1000
Balance now: 0.1588678 B
USD value $1186
Alright, here we go with Day 7 trade #10
I invested all of it into NAV. I bought 2529 @ 6280 satoshi
Sell target is: 6910 for 10% profit
Stop loss: 5810
NAV is coming off a year low. Volume is picking up and reversal bounce seems to be in play here.
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
This one is off to a very fast start. It was below my buy in price when this was posted, now it is up 7% already. Note
The last 4hr NAV candle closed above all the EMAs confirming reversal. All the indicators have turned up and building momentum. +7% profit and closing in on my target.Note
This trade has been a crazy ride today. 10% swings in the 4hr candles. The price is back down to my original buy in price again. I am going to ladder my sell prices now from 661 to 691 to hopefully secure some profits from these 10% swings.Trade active
After a hot start, then 20 hours of downtrend, NAV looks to be coming back to life. This trade came very close to hitting my stop loss. Has since bounced back up almost to my buy in price. This current 4hr candle should complete the "3 white soldiers" candlestick pattern which will confirm the new uptrend has started. Trade closed: stop reached
I deserve this loss for being greedy and trying to capture a fast 10% profit. The trade would of hit 5% profit in 45 minutes. Lesson learned.
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