Day 57
First Starting Balance: 42$ + 100$ Deposit
—————-
PNL: 20.8$
Profit Rate: 3.36%
Cumulative Profit Rate: 1191%
Current Balance: 642.5$
Position $ACE Short
$NEAR Short
$WLD Short
Yesterday while I am sleeping many open position got take profit so, the profit was on yesterday. I opened again each one 5% of my capital with 5x leverage 3 position and I got more than my daily profit and this time I stop for over trading.
I am almost 12x growing than my first capital. My first daily target profit was 0.84$ but now it is 12.85$. It means my daily target profit is increasing 1530%. This is showing you how compound growth can develope you quickly. If you cash out all your monthly profit (which is daily about 2%), it is 385$. It is 2.7 time more than your total investment.
Imagine that how it will grow after 1 year as well. What is important that is surviving, not be greedy and get enough even profit is small. Because today less profit after 1 month bring you more and more!