PROM (1M_Journey) Entry ( 5.39 ) T( 8.1)Stop ( 4.89)BINANCE:PROMUSDT
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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(7)
Entry (5.39) 1000$
Target ( 8.1)
Stop ( 4.89)
This trade notes
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* Risk is (9%), Reward (50%)
* the coin made (CHOCH) on daily time frame & price now in very nice range.
* the coin is retesting for going more up but i am enough with 50% profit
* if the coin price came more down may be i will add some more to minimize my entry price and the stop loss is same.
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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 Tags....
www.tradingview.com
www.tradingview.com
3. You can check my total posts in the below tag....
www.tradingview.com
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
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Thank you for reading,
@Crypto_alphabit
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PROMUSD
Prom token formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well, and welcome to the new trade setup of Prom token.
On a 4-hr time frame, PROM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
PROM MWY BREAK THE RESISTANCEPROM is in a range trading between 15.000 and 22.000
If it break the resistance (22.000) it will go up strongly for higher targets.
But if it breaks the trend line it will reach 15.000 and will supported there.
PROM / BUSD 4-H Trend$prom / $busd #binance
when it takes off, it takes off suddenly & in a grand manner
going above 4-H 100 EMA once again, looks like 18$ can be a possible target once more
$btc $eth $alts $crypto
Prom - ready for another rally Very risky trade as it is a small cap with good fundamentals. So make sure to keep stop loss at 12 and hold it till we achieve our targets.
Destruction then Resurrection $PROMNOT a financial advice.
Prometheus is god of fire.
Fire symbolizes many things, including passion, desire, rebirth, resurrection, eternity, destruction, hope, hell and purification.
First Prometheus will bring destruction upon top buyers
Then Prometheus will be resurrected
Target: Sparta - 300
BINANCE:PROMBUSD
BITTREX:PROMUSD
FTX:PROMUSD