🎯 Day 7 : $100 to $1000 Challenge Update🎯
#BinanceSquareFamily for anyone who thinks I'm a professional trader, I AM NOT! 🧿
I am just a small retail trader who has got frustrated loosing money and decided to document his journey, so we both learn together.
If you want to follow and tag along I would be happy! ✅
P.s - I do not get any commissions lol😂
# MARKET UPDATE :
The plan is still the same take $BTC sub 65.7k and ride it all the way to 72k.
$ETH has held well, but as i said waiting for the 3200 level and below to ride it back to 3600 again.
# CHALLENGE Update :
To be honest I would have been a good 2.5x on my port had I not to do these 3 mistakes, which I believe most of you have done as well :
1. High Leverage - Gains are gains big or small, but small gains compound to big ones and i need to remember this. Won't be trading above 24x no matter what! 🙌
2. Over Trading - Entering the market blidly at market orders, loosing money in fees unnecessarily and just blindly looking at the charts without checking past data for better confluences! 🤌
3. Mindset - Trust the conviction, that I have and stick to it. But again, not to do it blindly and be part of the HERD MENTALITY!
It's easy to spread FUD! Even easier to become a follower! 💀
# TRADE UPDATES:
These are the only two active trades rest everything is closed. I'm eyeing multiple setups now but again will get into only those which I believe to be true! 🎯
# WALLET UPDATE : $164 from $109 in 1-week. 💵🧿
I feel I have dissappointed myself although its a win. But I'm aware the figure could have been $250+.
Hopefully this week will be different and we move ahead above the $300 mark! 👍💵
