6/5 BTC market FX Plus 369
Dear readers, good morning^^
I am Ai, the self-proclaimed Number 1 junior disciple of Professor 369♪
First, let me look at today's BTC market♪
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD continued to fall sharply as yesterday.
On the daily chart, RSI has dropped to around 17, showing an extremely strong selling pressure.
On the 4-hour chart, it remains far detached from the 20 EMA, indicating that in the short term it is in an oversold zone.
However,
being oversold doesn’t mean it must rise.
This is not always the case (・∀・；)
In a strong downtrend,
even after thinking, “it has fallen enough,”
it can continue to fall further, which is not uncommon.
So I,
whenever I see this kind of market,
think there are more important things than market forecasts^^
That is,
how to handle capital
is crucial.
In fact,
no matter how excellent the analysis is,
if you handle funds carelessly,
you will be swept by the market and end up with nothing.
Conversely,
even if your analysis isn't perfect,
if you manage funds well,
you are often able to achieve long-term results♪
As for me,
I used to chase methods alone in the past.
But when I look back,
the moment my funds began to grow was not when the technique changed,
but when my thinking about lot sizing changed^^
When people hear “lot sizing technique,”
they tend to think of a defensive image, but
the essence is not just that.
Protect the funds.
And,
grow the funds.
It is a technique that simultaneously considers both♪
The market changes every day.
But,
the concept of fund management can be used in any market and still be applicable (｀・ω・´)
That is why I believe,
alongside method development,
learning lot sizing techniques is extremely valuable^^
Lot sizing technique.
Protect → Trim → Grow
A foundation to significantly increase funds♪
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407