Bitcoin Trading Diary 20231031 - Hanging a fishing rod and waiting to catch a short today



I kept explaining my trading laws yesterday and the day before yesterday. 


I'm a servant. Never catch up with my position.


I'm still only a trainee. 


I'm working hard, so I'm sure I'll succeed ^^ 


However, I reiterate that I am not a successful person.







Based on the 4-hour bar, the Dow theory determines what position to do for the day, long/short. 


Keep buying and selling only one type of position until the switch signal comes out at the 4-hour bar. 


You have a long position, and then you sell it and then you take a short position right away and don't do that way. 


I have not yet managed to get that exact secure transition timing. 


I think it's going to be about this much.. I just do it. 





The position never enters 100% at a time. 


Even if I move against my expectations, I don't care about chasing and selling. 


Then why are you saving it?


In order to escape if the prediction of the 4-hour bar is wrong or suddenly surges more than 5% per day


Or, even if it is liquidated, it leaves room for the next opportunity. 





Trading is done at inflection points according to Dow theory on the price chart. 


The floating auxiliary indicators are used as a reference to determine whether the inflection point is correct or whether it is a sweep point. 


There may be a pole or two, but I don't think you can deceive the flow itself. 


If the flow changes, it's not a sweep, but I read it incorrectly, so I have to change it then. 





In this way, you position yourself about once a day, hold it for less than half a day, and sell it. 


Leverage is used 10 times and sold when the profit section is 10-15%. 


If you make a mistake in entering, you will sell it as soon as you come near the main building. 


It's operating this way. 


I don't put all the seeds in now, but I used to use 100% of the seeds 


Even if not, additional purchases were frequent. 


The highest record in a month was 22 times the seed. 


At that time, I thought my confidence was sky high, and I would soon be rich soon. 


I've searched a lot on the Internet, saying, "I'm going to send my kids to international school.


And it was liquidated a few days later. Lol


Reduced risk and gradually refined the trading method. 


Until a while ago, the performance was about 2 to 4 times in a month. 


That's why you're now at a stable stage.. I thought I had a seat, even if it wasn't very fast. 


This time, I thought about moving to the detached house of my dream. 


Which neighborhood should I go to~~ I looked up the prices of houses on NAVER's real estate


I was liquidated for spreading such happy imaginary wings. ㅠㅠᄀᆞᅳ …악....


This time, with an unexpected BlackRock Bitcoin ETF pass and a pod 


In an instant, it rose by 10%. And then it fell a little bit, and then it rose another 10% there. 


25% up in a day or two… It was liquidated in no time.


Hahahahaha... You don't want to leave me in a happy imagination.. But I don't want to give up. 





It's no use calling the seeds hard. 


Even if you do well for a year and two years


You can bubble it up in no time. 


Even if it happens every few years, 


I have to be able to cope with that so that I can be the trader I dreamed of. 


So I gave up swinging. 


I thought this slow timing would reduce risk and give me a sense of security, 


I learned again that I could deal a big blow that I could not cope with these big fluctuations. 


I think it would be good to take the position holding time not too long. 


Instead of being too greedy, I chose to organize my positions when I made some profits and wait for the next sale. 


with a goal of 10% performance a day. 


You can't succeed every day. I aim to succeed 20 days a month. 


Of course, you can see a 670% return a month with this guaranteed success. 






I know this is not impossible. 


I can believe it after experiencing it myself. 


I think it's not impossible because I've made 2200% of profits a month. 


But it's not a miracle that happens 


It's my job to find a way to make it happen stably all the time. 




What I want to say to the people who start trading is 


Please don't put a lot of money in the first place. 


I'm different from you? I'm a super genius?


Don't put in a lot of money even if you think so. 


Don't put in a lot of money, put in $50.100 and make it a lot of money. 


Your skills will be completed while you make it possible. 


In what time... Don't think that. 


The speed at which money grows will be incredible as your skills build up. 





Let's go to the land of happiness together. 


If my recent target is 10% a day, which I just released, I make it 20 days a month. 


Then 6.7 times the seed grows in a month. 


Even if you put in $100, it will be $670 in a month. 


$4489 for two months


three months three hundred seventy-six dollars


4 months 201,511 dollars


Five months, $1,350,125


Six months, $9,045,838. 


How many years.. Don't say that. 


All you need is your skills 


It is a mind and attitude that can make a stable profit. 






If you're not good enough, there's a chance you'll throw a coin and hit it back and forth and succeed it 120 times in a row. 


The ability is to increase the probability of matching the back and forth to 80%! 90%. 


And you can reliably distribute and manage the profits you've earned


It is also necessary to run something that is taken out and used happily. 


This can only be a job if you can manage assets well as trading. 


Or it's no different than practicing blackjack and going to the casino. 





It's not just trading in my life. 


There's work for me and my family,


I want to write and create value through it.


I am preparing webtoons and studying to make art toys using characters. 


Everyone but me will have your life. 


Create your own trading method within the unbroken category of that life balance. 


Ten percent a day, 6.7 times a month is also a huge return. 


Even if it is not this greed, even if you make twice as much profit a month, you will be rich in a year and a half in compound interest. 


If you double it a month, you only have to make a steady 2.5% profit per day. 


It is important to move forward step by step without making any mistakes. 


Steady. With that, your dreams can come true.

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