BTC market on 5/28 FX Plus 369
Good morning to all readers^^
I am Ai, the self-proclaimed number one disciple of 369-sensei ♪
First, let's look at today's BTC market ♪
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD: On the daily chart, it broke below the 75 EMA, showing quite a weak movement.
On the H4 chart, it continues to fall while held back by the 20 EMA, indicating a selling-dominant trend.
RSI has fallen quite a bit, suggesting that the short-term is approaching an over-sold level.
However, in these situations, sharp rebounds are also common, so I think jumping into a short position is risky.
Personally, I think the courage not to force trades is also an important moment ^^
Recently, BTC feels less like a roller coaster and more like a free-fall ride (・∀・；)
In the market,
“what to do”
is less important than
“what not to do”
on days like this.
Especially during such wild swings,
the urge to recover
leads to more entries,
and you may realize your lots have grown large…(・_・;)
But in the end,
when it collapses,
it's not “one big loss,”
but
“a series of quick losses caused by losing calm.”
That’s how it tends to be.
So I
on days when I feel danger
rely entirely on lot management techniques ^^
• Especially the〇〇 of lot management,
I am quite conscious of these ^^
Strangely enougheven when the advantage collapses, profits still ride!
Lot management is
“a technique to protect capital”
often thought of as only that,
but actually it’s not just that.
By adjusting the lot size according to market conditions
to control the lot size,
“not relying only on advantage, but accumulating capital”
this is,
what I think is really big ^^
Win rate is important too, perhaps? but
on days when you can win
instead of
“a day you won”
to
“days you won’t collapse”
increase them.Lot management.
I also think this is important ( ˘ω˘ )Protect → Trim → Increase
Not the order of being anxious,
but the order of protection (｀・ω・´)ゝ
And increase with lot management.
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407