XAI (1M_Journey) Entry ( .2040) Target ( .2333 ) Stop ( .1951 )

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BINANCE:XAIUSDT.
1 Million Journey.
It is a long journey with NO FOMO & NO RUSH.
In those trades i will try to make 1 million USD from 1000 USD.
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(2)

Entry ( .2040)
Target ( .2333 )
Stop ( .1951 )
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General information
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1. throw this challenge i will try to make 1 million USD from 1000 USD
2. It will be very long journey not fixed by time with NO FOMO & NO RUSH.
3. I will take this challenge by my personal money and my personal decisions so please if you need to follow ( do your own plan).
4. May be i can achieve that target and may be not.
5. I think it will be educational challenge.
6. May be a lot of challenges Throw the journey, i will try to correct the path every fall.
6. I do not need 1000X in one coin but i need small profit with a lot of successful trades depend on the following formula for 10% Profit

NST= ( IN(FV/C) ) / ( IN (1+P) )

NST = Number of successful trades (NST)
FV = Final value
C = Capital
P = Profit percentage
IN = Natural logarithms ( IN from calculator)

NST = ( IN ( 1000 000 / 1000 ) / ( IN ( 1 + 10% ) ) = 6.908 /.09531 = 73.5 Successful trade. with no loses.

Risk management
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1. Entry by 50% or 75% depend on the market situation.
2. Maximum 5% loses per trade.
3. Maximum 1 lose per day.
4. Maximum 2 loses per week.
5. Maximum 2 trades per day.
6. Minimum rewards has to be 5% and the maximum depends the coin targets & market situation.

Trading rules
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1. Figuring the best entry point.
2. After achieving 5% profit moving stop loss to break even.
3. Trading available opportunities in the market ( everyday - every week - every month)
4. Trading will be spot only.
5. Trading will be with trusted & high liquidity platform ( Binance coins).
6. (Monitoring coins - low liquidity coins) will not be traded .
7. (High rewards -low risks - fast trades - lower time frames ) will be traded.

Notes
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1. these rules can be changed due to the market situations and new challenges.


Remember always, NO FORMO - NO RUSH It is a long journey.

Thank you for reading,
Crypto_alphabit

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تم فتح الصفقة

Update….
Achieved 8% from the entry waiting for the target and stop loss is break even

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تم إغلاق الصفقة يدويًا

I am outside this trade with break even.

So i will add one condition here for the next trade

after more than 5% profit ,i will make stop loss high to keep 5% profit at least