Electronic – negative voltage sources and KVL

currentkirchhoffs-lawsvoltage

I have the following circuit:

schematic

simulate this circuit – Schematic created using CircuitLab

If I choose clockwise current direction then KVL gives me:
$$10\text{V}+5\text{k}\Omega \times I-0.7=0 \rightarrow I=-1.86\text{mA}$$
If I choose counter clockwise current direction KVL gives me:
$$-10\text{V}+5\text{k}\Omega \times I+0.7=0 \rightarrow I=+1.86\text{mA}$$

I want to ask if I am doing something wrong or the negative current in the first case is because the assumed current direction is backwards to the actual flow?

Best Answer

Nope, you're absolutely correct in both cases. A negative magnitude of a vector is the same as a positive magnitude on the vector in the opposite direction.