Ok, Seems like it's not going to 11k just yet. Going to attempt to turn $100 into $1k by July 1st. High leverage scalp plays. I normally do not use a stop loss but I am going to with this challenge. High probability of losing it all. We will see #bitcoin
First trade a successs. +20% account gain
Up another 10 bucks so far today, hoping to close this one out around 9220 for another 20 or so bucks. Will update when closed out.
If we get a rapid dump to these levels I am looking to buy for a scalp bounce. If we don't get it I am out of my shorts already so all good. Will look to sell between 9500 and 9650.
First #bitcoin bid was at 9218, missed it by about 10 bucks.Nice reaction for sure...wish I had gotten lucky would have been insta profit but it didnt work out...will look to ask 9500-9650
Bids 8700-8900 plz hit #bitcoin
First bids hit, off to bed, will update in AM.
Update on the #bitcoin Journey of 100 to 1k (or rekt). Overnight all but one bid was filled. T1 is where I plan to cut this trade. You can see the standing asks above....Will leave those most likely looking for next short play. If we are really bearish don't expect much above T1
Profit taken, stop moved to profit, you can see my ask area..Account essentially doubled from where we began...1k only a 5x or so from here. Lets see
Out of this trade, account up to .0215btc or right at $200 usd. 5x to 1k and still 15 days left in the the challenge. (Goal is by July 1st). Please follow along and let me know if I should start a new thread now that I have doubled the account to $200 or keep this one. #BTC
#BTC update, took a loss here, got stopped out on a short I had resting for over a week now. Literally 2 dollars from the top I was stopped. Does it suck? Yes but I didn't lose my whole account and get to fight another day. In the past I traded with no stops to avoid this but...
...in the end it is worth getting stopped out at the very tippy top. One day this same setup will get annihilated and my stop will save me from liquidation. Maybe it only blows through and pumps to infinity 1 in 20 times on this set up, maybe 1 in 100, either way I am protected
Update on the #Bitcoin challenge account. FOMO 86x 16k contracts. Fees are ridiculous and tbh if I had just waited probably could have got in @ limit. I havent traded in a while and we just had a reclaim on the 5 min chart. Will continue to update in this thread unless objections
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