Topic: Challenge - From 69K Satoshis to 5 BTCs with day trading - Online Trade History - page 3. (Read 543 times)

Thanks dude. Hope that bitcoin reach 10k mark again.. I would like to dedicate myself to full time day trading, but I'm too scared to do that 

This market has so much volatility so success in short-term trading proves you are a good trader. I also believe that the market will recover in the next few days and now is the time when investors can choose the right coin to buy.

OK,

I'm not confident enough to give people the signals.. We are talking about money!
Proving to people my knowledge is prove it to myself as well!
I will be glad to help you when I get confident enough tho

Let's see what happens.. lol

I'm following your thread to see how good you are in day trading.
If I feel that you have a good day trading knowledge then I may want to partner with you if you allow me to do so.

Let's say I will invest $1000 in Binance (Binance because it has the highest volume now) just to follow your trade signals with entry and exit points.
Whatever profit I will earn per month from your signals will be shared (30%) with you.

Good Luck with your day trading and don't be greedy.

Hey Moana, I do not recommend anyone to follow any of my trades. Besides that, the topic has other purposes ..

BUT

Sometimes I will post some of my trades just a little after I entered them like I did with the last one..

Take a look:

Thanks for this example of your work. But next time you could publish it while the the game is still open, so that people could decide if to follow your example or not

Having a potential trading is not enough to make 5btc and it is always needed to lot if patience to make that much high profit. So it is not an easy job to make BTC but it always based on the experience we have and has the ability to increase it's price based on your prediction.

I think if you have trading skills and can use the right time to buy bitcoin and sell bitcoin then you will be very easy to reach your target.

So today I bought XVG at rate of 539 and sold it a few minuts ago for 554 (close to 3% profit)

There was a down trend, but when we look in the charts, it is possible to see a big support zone. It's not a perfect line but an entire zone like a bull defense area. I saw a good entry point because I knew that if the bulls lost this zone it would mean that they were
 in trouble and it could not be a good idea to keep in that trade anymore. It was possible to make a small stop loss as well in the rate of 530 (close to 2% of my balance). Over the day, price went to 550 ,but my objective was at least 15 satoshis of variation so I did HODL hahah. The price did hit my take profit when it was at 554 and I left the trade with 5900 sats in profit. Price went way higher and hit the 575 mark! I would like to trace price with some kind of automated robot and follow it with some decent distance, but I'm not able to make it yet lol The math behind my trade was a good risk management: with a possible loss of 2% against a possible winning of 3% considering the scenario above, chances that price would go up even in the down trend were clear so let's suppose that 75% of the time bulls would win. So 75% of the time in this scenario I would earn at least 3% against 25% of the time I would lose 2%. did you get it? The odds were pretty good at this time.. so even if it was a losing trade, in the long run, I would earn more than lose and this is what matters!

Ask me any doubts!

- edit: almost forgot the proof lol

Thanks for your advice mate! I think it is better now

Yes, I'm going to keep it with regular updates. I will also tell about some trades and give some signals.. I will not reveal my strategy tho due to the good edge that it gives to me  

I still think your title is somewhat wrong... Maybe write My Challenge or My goal at the beginning.
After seeing your thread's title I thought that you have already achieved the milestone of 69k sats to 5 btc. Anyway, keep trading until you reach your goal.


I would recommend high volume exchanges for day trading and of course skills matter a lot.

You are totally right. I choose to trade in falling coins sometimes trying to get correction points and make profit in these kind of markets just to prove myself that I'm able to profit in it. Some times people will think that they are running well but it is just the market flow.. It is like a trap!

Day trading is a technique where you can quickly win or loose a big amount of money.
It would be nice if you keep this thread updated with your progress and maybe which trades you will make or have made. I would recommend to also take some profit if you reach a certain amount. Good luck!

I see that you have maturated this result by the way of trading for one year during the most exciting year in crypto ever. Of course you did well - for sure others have lost all their money instead, but the abnormal growth of the whole sector in this year has undoubtfully helped you a lot.

Yeah, the big problem is that my starting bankroll is very small xD but it also makes the whole thing a lot crazier!

I tryied to avoid a misleading title.. Could you recommend me a better title since I'm trying to reach 5 BTCs? many thanks!

Good for that guy mate, we must be happy for him since that's really a lucky day for him. Anyway we have freedom talks here we don't argue with such stories, but having that huge profit though day trading wasn't possible unless you're a whale. For those small fish I think long term trading is the 100% probability to acquire that 5BTC profit.

You've changed the thread title already, but still it is somehow misleading or atleast for me because I thought you already got 5BTC from 69k satoshis. 

Anyway, you can gain from day trading, but for small deposit it would really take time before you accomplish your goal. I'm not saying that it is impossible tho. Advantage if you can go with the flow when the market is active.

Just bought Verge (XVG) aiming 3% and I will leave the trade if it reaches 529

Thanks dude! It's hard for me to hold a coin for weeks, but I keep an eye in the historical records trying to avoid these big dumps that you said! It's pure technical analysis \o/