Bitcoin price on 6/4 FX Plus 369
Good morning to all readers ^^
I am Ai, the self-proclaimed No. 1 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 has finally seen a large dump, hasn't it?
On the daily chart, it continues to plunge well below the 75 EMA, and RSI has fallen below the 20 level.
The H4 chart is also declining while significantly deviating from the 20 EMA, and selling pressure remains very strong.
However, at this point, opening new shorts is not easy.
Just because selling is the right market,
and that now is a good timing to sell,
does not necessarily mean they are the same thing (・∀・；)
Whenever I see these kinds of scenes, I think the same thing.
Many people are
looking for
“where to win.”
But those who truly grow their funds
are thinking about
“how to increase it.”
In fact,
it's less about the differences in the method itself and
more about the differences in how money is managed,
which often has a big impact on the final results.
Even using the same method,
there are people whose funds increase and those whose funds do not.
Even with the same win rate,
there are people whose equity curves look completely different.
What creates that difference is
the concept of lots (lot sizing), you know ♪
That's why I,
just as much as method-building techniques,
place importance on lot sizing skills.
Lot sizing skills are not merely a technique to reduce losses.
They are a technique to protect capital,
and to grow capital as well ^^
To fight in the market for a long time,
and to increase capital,
I believe the concept of lots is an unavoidable topic (｀・ω・´)
Lot sizing skills.
Protect → Trim → Increase
Just understanding this order will greatly change how you view trading ♪
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407