LIVE DAY TRADING - How I Profit $8,597 Risking $1k [10x Strategy]

Trading Performance & Strategy - Trader aimed for $20,000 weekly profit, starting the day $7,000 away from the goal [2] - Initial trading strategy involved identifying trend areas on smaller time frames, using indicators to find overvalued or undervalued areas, and capitalizing on fair value gaps [6] - Trader typically risks approximately $1,000 per position, aiming for profits of $3,000-$7,000+ per position [7] - Trading strategy focuses on early entry into potential trends, with contained risk [7][9] - Trader emphasizes keeping losses small and allowing winners to run, rather than consistently locking in profit [28][29] - Trader is considering increasing position sizes and risking $5,000 due to perceived accuracy and consistency [80] Specific Trades & Outcomes - Day trading resulted in a net profit of $8,592, contributing to a weekly profit of $21,500 [66][67] - Win rate for the day was 64%, significantly higher than the trader's normal win rate [67] - First trade resulted in a $1,500 loss due to a trend break fakeout [69] - One successful trade generated $3,000+ in profit by identifying a sell signal using a proprietary indicator and trend following [57][77] - Another trade on Ethereum locked in $1,257 profit on the front half before being stopped out at break even on the other half [75]