Hey guys, it is me again. Today is 6th March - Day 13 of growing 13$ to 1000$ in 60 days. The total asset is now at $526. I might have to achieve my target in just 30 days. I had a big draw down 2 days ago where I lost about 191$, but I recovered all a day later with more profit.
Remember; I started this challenge because I was always losing and blowing my accounts since i started trading in 2023.
This challenge is a test for me to either quit or become a profitable trader, and I want you to be my testament. My daily target was 10$, but it has now moved to 30$, although I have always beat my target, and I do that when there is a high opportunity.
4 days ago, I started a personal challenge to grow $13 to $1000 in 60 days. I will be using a scalping strategy with a daily target of $10. This is day 4 and i have made a profit of about $80. I will be documenting my journey here.
My Trading Rules and Regulations
Only trade when there is at least 90% chance Do not lose more than $5 in a day, or else end of trading day. Do not get revenge trade Do not trade based on emotions Do not trade based on indicators alone but with price actions.
My strategy can fetch me at least 10$ every day and I have been using it for a week now.
After setting a daily target of 10 dollars daily, I went a little greedy today and lost over 115$ today 😆 I have recovered 5$ and will continue my strategy from tomorrow.
Truly, risk management and patience are the most important skills to be successful in trading.
I bought solanum at 106 and have still added more but I tried in putting risk management on it. I will wait however long it takes to give me profit at 130.
if I have more money, I will add on this.
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