BTC price on 5/22 FX Plus 369
Hello to all readers, good morning^^
I am Ai, the self-proclaimed number one disciple of 369-sensei♪
Today, first we’ll take a quick look at the BTC market^^
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD: On the daily chart, it is below the 200 EMA, and the overall trend is still weak.
On the H4, it’s been range-bound around the 200 EMA, hasn’t it?
RSI has also retraced toward around 50, so in the short term the direction is a bit uncertain.
Personally, I’m watching to see whether this continues to rebound or if it will be pushed downward again^^
Lately with BTC, there are many moves where it seems “it’s back but isn’t” (laughs)
By the way, in the past I used to think
every time I lost,
“the environment is bad!”
“the method is bad!”
I’d think (・∀・;)
But when I look back later,
the thing that actually collapsed the most was
“the basics of money management”
that’s what it was.
・Losing makes you get heated
・Winning makes you feel big
・Changing lots based on mood
This is
quite dangerous (・_・;)
On the contrary,
when things are stable,
it’s because you are able to separate emotions from your lot size
that’s the key^^
So I began to focus
first on
“how to increase”
rather than
“how not to fail”
with that in mind
I developed the art of lot control.
Protect → Trim → Increase
The more you hurry, the more you’ll crumble,
so laying a solid foundation first is really important (`・ω・´)ゝ
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407