The 1% Challenge
I recently read a post that making 1% a day, compounded, will make you very wealthy. I did a little digging and it's true. In a year that's about a 3600% return.
I've been trading crypto futures for a few months now, and that % seems way too easy for anyone who has an ounce of TA acumen. So I figured, let's try it. I opened up an FTX account with $384 and set out on the challenge. The rules will be simple. Have a 1% target and enter a trade that gets you there. Have defined stop loss. Once the target is hit, leave a runner and breakeven stop. I will see how long the win streak can stay alive. Max loss per day will also be 1%, since I don't expect many of those.
Results for today:
1 Trade FTT. Target is 3.84. Reached almost immediately.
Current result.
https://ftx.com/shareable-pnl/published/596866
Will try to publish every day.
Comments
Post a Comment