$1k to $100k Challenge - Day 13 Trade #20 - IOTA
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 9 trades: 7 wins 2 loss
After 12 days and 19 trades:
Wins: 12
Loss: 7
Balance: 0.1878 B
USD: $ 1551
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 3-5% of your portfolio. Please trade smart.
Alright, here we go with Day 13 trade #20
I invested 0.10 B into IOTA. I bought 789 @ 12670 satoshi
Sell target is: 13303 for 5% profit
Stop loss: 12100
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 9 trades: 7 wins 2 loss
After 12 days and 19 trades:
Wins: 12
Loss: 7
Balance: 0.1878 B
USD: $ 1551
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 3-5% of your portfolio. Please trade smart.
Alright, here we go with Day 13 trade #20
I invested 0.10 B into IOTA. I bought 789 @ 12670 satoshi
Sell target is: 13303 for 5% profit
Stop loss: 12100
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
Decent volume, bullish flag forming on the hourly.Trade active
IOTA update 11th hour. So the bull flag breakout occurred, and it couldn't of come at a worse time. As soon as IOTA broke out, BTC started to dip. Hopefully BTC stabilizes and allows IOTA to regroup and make another run soon.Note
IOTA got back on the horse, halfway home! Note
Good morning. IOTA hit one of my ladder sells at 3 1/2% and has dropped since. Support looks to be found and I will hold this trade til the target or stop loss is hit.Note
IOTA update: The first price jump missed my target by 1 1/2%. There had been a pullback from 13100 but support has been strong around 12400 for the last 2 days. Traders have been accumulating between 12200 and 12600, now I just wait for the next move up, which hopefully hits my target and closes out my trade.Note
One word, slow. After missing my sell target IOTA has retraced. after barely missing my stop loss, looking at the hourly candles you can see rising lows. Trade is still alive and waiting for a breakout from the descending triangle.Trade closed: stop reached
Stop loss reached, trade is now closed.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.