ICP (1M_Journey) Entry ( 7.72 ) Target ( 11.90 ) Stop ( 7.28 )
Updated
ICPUSDT 1 Million Journey.
It is a long journey with NO FOMO & NO RUSH.
In those trades i will try to make 1 million USD from 1000 USD.
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(5)
Entry ( 7.72 ) 1000$
Target ( 11.90 )
Stop ( 7.28 )
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General information
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1. throw this challenge i will try to make 1 million USD from 1000 USD
2. It will be very long journey not fixed by time with NO FOMO & NO RUSH.
3. I will take this challenge by my personal money and my personal decisions so please if you need to follow ( do your own plan).
4. May be i can achieve that target and may be not.
5. I think it will be educational challenge.
6. May be a lot of challenges Throw the journey, i will try to correct the path every fall.
6. I do not need 1000X in one coin but i need small profit with a lot of successful trades depend on the following formula for 10% Profit
NST= ( IN(FV/C) ) / ( IN (1+P) )
NST = Number of successful trades (NST)
FV = Final value
C = Capital
P = Profit percentage
IN = Natural logarithms ( IN from calculator)
NST = ( IN ( 1000 000 / 1000 ) / ( IN ( 1 + 10% ) ) = 6.908 /.09531 = 73.5 Successful trade. with no loses.
Risk management
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1. Entry by 50% or 75% depend on the market situation.
2. Maximum 5% loses per trade.
3. Maximum 1 lose per day.
4. Maximum 2 loses per week.
5. Maximum 2 trades per day.
6. Minimum rewards has to be 5% and the maximum depends the coin targets & market situation.
Trading rules
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1. Figuring the best entry point.
2. After achieving more than 5% profit moving stop loss to secure 5% profit .
3. Trading available opportunities in the market ( everyday - every week - every month)
4. Trading will be spot only.
5. Trading will be with trusted & high liquidity platform ( Binance coins).
6. (Monitoring coins - low liquidity coins) will not be traded .
7. (High rewards -low risks - fast trades - lower time frames ) will be traded.
Notes
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1. these rules can be changed due to the market situations and new challenges.
2. You can check the journey tags in the below links....
tradingview.com/ideas/1_million_journey/
tradingview.com/ideas/1m_journey/
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Remember always.....
NO FORMO - NO RUSH, It is a long journey.
Thank you for reading,
Crypto_alphabit
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Trade active
*This coin has very huge targets if you like to short time investing but i am only following my own journey plan here .
*Check the bigger targets here in the link below...
Trade active
Updating ......... 03 November 2024
*I moved stop loss to break even after achieving more than 5 % profit so i am break even for this trade
*( it was against this trading rules as i have to move stop loss to guarantee 5% Profit but i was greedy to take more profit so i moved to break even only)
Now my capital is = 1240$
Sorry for the late update , i think i have to update this journey trades fast as possible as i can
Note
This trade still working .... only the 1M-Journey is break even but the main trade still working
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