Day 16 First Starting Balance: 42$ —————- Today PNL: 3.2$ Da | 500 Days Challenge on Binance Square

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Day 16First Starting Balance: 42$
—————-
Today PNL: 3.2$
Daily Profit Rate: 3.4%
Cumulative Profit Rate: 134.7%
Current Balance: 98.6$
Position: $ACE  Short
If you take a look the chart, I felt manipulation for high leverage on $ACE as well. Anyway, 483 Days to go 😅 See you on Day 17!

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Notes for me: Market has no mercy. I am sorry all the traders lost their money few hours ago. If you risk more, you can earn more but you can lose everything also. There is no limit to earn but there is limit to loose when your capital get zero. Need to think simple for trade. How many time open the position long or short, your risk equal to that time. So for reducing the risk, needs to keep position as much as lower. Anytime, anything can happen. How much your ambition to profit is increasing, your risk for loosing is also increasing as same percentage. For example you have 24 hours in a day. Your target 2% of your capital as profit in a day. When you reach your target in 1 hour, remaining 23 hours are risk free for you anymore. So you are watching market in the safe zone after that. You can see what can happen maybe for tomorrow action. But if you can not see clearly even what is going to happen tomorrow as well, no need to open position. Do not get your daily profit 2% in 1 day, than get it in 3 day. What is your lost when you keep safe your capital? What can be lost if you reach your target and thousands dollars not in 1 year, reach it 2 years! It is more safer and better than loose everything. Sector is pushing you to be gambling player, but you need to clear your side if you are strategist trader or not! Be patience, no need to be stress or anxious. Try to be low risk action. You are here to earn for a life that you are dreaming to live, do not let your trade feed from your stress, your relation from your family and your works and real life! Be safe side and good luck!

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Day 25 First Starting Balance: 42$ —————- Today PNL: 2.5$ Daily Profit Rate: 2% Cumulative Profit Rate: 196.6% Current Balance: 124.6$ Position: $ACE Short I filled up my 25th day target with opportunity of soft pump and dump time. You will see the profit together with day 24 regarding to matching in same day (other trade oppened yesterday late). So see you on Day 26!

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Notes for motivation: My total profit is almost hitting 200% for 24 days trading on behalf of challenge rules. Even it is so fresh, during challenge market pumped and dumped many time. Even it catch me while I am on the position. But it did not effect and not giving me anxious feelings. Why? Because: -I am using not more than 10% of my capital. -I am not greedy as I have target that even coins will pump or dump 10%, I am just targeting to gain 2% of my total capital daily than stop actions. -I am not over trading, for a small profit as 2% daily, 1 future position is more than enough. -I am not following hundred coins! I am just getting stick 1 or 2 coins (mostly $ACE , $DAR or $NEIRO ) that knows movement, resistance support and it is action in market. It makes more easy and low risk to my trade. All is about to reduce to risk. In this market who can survive, can grow. Who impatience, paying for patience. So needs to keep patience and needs to be on safe side as well. Another thing I am always following short position, I am not obsessive on it but selling is more easier than buying and for experience, BTC sudden pumping not more than 8% when positive things happen but BTC put only 1 candle 8% easily when negative things happened. But it does not mean I am not supporting long. Of course need to follow trend lines but for this condition, short position is more safe for me. I wish I would follow those rules while I have 6k, because I would have 17.5k on 24 days with lesser risk. But I was willing to gain this amount in 1 day so all sleepy night, all anxious days and all upsets was gone with your 6k. Just stick your rules and even improve them to keep you more safe in this market. Even not make 2% in 1 day make it in 3 days, still you are on the growth. If you do not do anything in the life for 500 days, you will not have even anything. So even you gain even 1% of your small capital, it will grow as snowball. So patience is first rule than ever..

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Day 24 First Starting Balance: 42$ —————- Today PNL: 4.7$ Daily Profit Rate: 4.08% Cumulative Profit Rate: 191.2% Current Balance: 122.32$ Position: $ACE Short I start my trade 20-30 min before day finish. That is why day 23 has minus. Also again it was take more down while triggering my target so I gain double for Day 24 target. So, be safe side always, see you at Day 25! (Notes: every time when I see my life time PNL, I am gaining motivating to growth in this challenge. So read my profile before judging me!).

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Notes for me.. I want to write couple things to have some motivation to me. Because, it is still so fresh to my challenge, time to time i need motivation to keep sustainable to obey my rules and targets. Because when i see some opportunity on the market, i am holding myself to not get actions. Beacuse I have rules and I have targets that needed to follow. But, I saw many of opportunity if I follow, I would get liq curtainly. So, I am telling myself that I am on the right track. Sometimes, I have seen people are gaining monthly more than 1200%. But i wonder if those people gaining profit always or they are still on minus for All Time? Those things encourage me to get action on future more to grow quickly, but there is one thing that I am following less risk on my challenge. How many minutes if my position open, I have high risk as same time to loose from my capital. So, why i should keep longer my risk? 2% gain from your total capital is taking sometimes 5 minutes or sometimes 1 hour (if position open in correct time with 10% of your capital). So, I have decided challenge time as 500 days for how i keep time, my risk would be less as same. So, I do not care more gain in little time with high risk and high stress. I want smooth and regular gain in wide time with low risk and low stress. Also I am sure I am educating myself about market more while I am not on the position. Because whenever your position open, you can not see or think clearly to market to have some strategy. Especially when your position under minus, Your anxious is more stronger than your passion to your strategy. So, make it less target, make it longer but make it stronger and not easiliy loose. I want to remind myself to be on safe side always. No need to grow in 1 day, because eve if you grow in 1 day, you do not have knowledge to control your high capital on strategic. Because there is no end for gaining but there is end for loosing once your capital liq. Grow slowly but never forget it will be hurry while you still feel it is slowly!

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