SOL (1M_Journey) Entry ( 168.8 ) Target ( 190) Stop ( 160 )
Updated
SOLUSDT 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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(4)
Entry ( 168.8) 1000$
Target ( 190)
Stop ( 160 )
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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.
Remember always, NO FORMO - NO RUSH It is a long journey.
Thank you for reading,
Crypto_alphabit
Trade active
Capital = 1290 $
Check the last trade
Trade active
Updating .......25 October 2024
SOLUSDT Need to go more higher, may be i will make may target more higher.
I will make my taking profit to (219.9) , let's see how is the market acting.
Trade closed: stop reached
Updating ....26 October 2024
I am out of this trade by 5% loss , Due to the war news.
Now the capital after loss is = (1.240 $)
*The trade is good and
SOLUSDT soon will break the high if you like to continue in this trade.... But i am stuck to my own rules above & i am looking for higher reward coin.
*I will post soon different coin soon .
You can follow me
Crypto_alphabit
or check the journey tags
tradingview.com/ideas/1_million_journey/
tradingview.com/ideas/1m_journey/
Note
Updating ....7 November 2024
Target achieved as i told you up, Trade was very perfect
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