In the beginning...much want

So, I’ve started this blog to document my journey towards $1-million-dollars trading Doge coin. March 2021, I started this journey with $50, and I plan to try to get into and out of Doge enough times to hit that coveted $1MM mark. Maybe even beyond! Stick with me, and see where this goes...it’s gonna be good. 

Who am I? 

My name is Steve Pietra, and I’m just a regular dude trying to figure out how to make my way through this crazy life, much like the rest of world. 

My Doge journey: I had started a larger position in Doge in January, before it really broke out, with a purchase of about 1,200 coins at $.04. Man, I’d take that position back. I sold it all right before the couple pops in value up to $.75, and I still regret not holding onto those 1,200 coins. Meh, such is life. Let’s move on!

That brief history aside, I’ve been slowly building my position back up, and I figured; heck, why not document the ups and downs from here to millionaire status (or bust)?

My trading strategy is going to be very simple: over the next 120-trades or so... try to catch a 10% or more upswing. The goal is to try to trade within a narrow band, as Doge seems to be fairly stable at the moment — much like it was at the beginning of 2021.

So far I’ve missed a few trades in the .50’s and .60’s, but I’ve been able to capitalize on a few in the .30’s and .40’s. So I’m at trade #4 of 100. Here’s hoping I can execute this strategy within the next year or two!

TRADE #4

06/17/2021: 747 Total Doge 

Added 686 @.3059 to prior position of 61 coins purchased at .52

One Open Order for 1 more coin at .30

GOALS: Execute Open Order to Sell 686 coins at .3365 (10%); leave the 61 coins for a higher price; capture one more coin if the price drops to 30-cents

Doge is trending: DOWN 😑

Total Robinhood Account Value: about $230+/-

Screenshot of current value:



Comments

Popular posts from this blog

Almost back to .275!

The slow dwindling to .15

Long time no Doge...