klay

Price is trading near the support area, indicating potential for sideways movement. Placing buy orders in the support area and waiting is advisable.
Support Area: $0.15-$0.155
Resistance Area: $0.192-$0.203

#klay

I am placing orders on Binance. My initial idea was to use the 4-hour line to upgrade to the daily line. This way, it is easier to enter the market and it is not easy to hit the stop loss. Use ATR to open a position, and the risk position is controlled to 1.5-3 of the total funds. I doubled the leverage in four or five days and bought 5 coins that had risen a lot. It looked pretty good. During this period, I manually closed a lot of positions and sold them all short. I have to say that I was very short-handed. I only caught 5 of them: #Blur #BigTime #uni #klay #sushi . There are more than 5 of them that were sold off. Among them, GMT, SEI, SUI, Magic, AXS, and Lunc were all sold off by me by me. They didn’t go up for a long time. I think they took up my position. Share, as for the loss, even if you hit the stop loss, you won't lose much money. If you have to give a reason, it's because you are in debt. I always feel that I have to do something. In hindsight, all I had to do was wait patiently. I didn’t have this problem a few days ago, because I had been playing League of Legends a few days ago, so I didn’t keep an eye on the market. When I was watching the market, I saw that my funds had not grown for a long time, so I started to owe money. In fact, it might only be five or six. When I was young, I couldn’t restrain myself from opening and closing positions manually. This was a very bad habit. It often caused my positions to be opened to a leverage of more than 5 times, which resulted in great risks. However, because everyone was rising, the risk was not revealed. It came out. But it started to pull back tonight, and all the positions that were opened late were stopped-lossed, and SUSHI, a coin that was already safe, was also stopped-lossed. I was thinking that I have never closed the position, and it’s not even after all this effort. Shouldn't the market reward me for holding a position? Why does it reward those who use high leverage to go short and go long? I don't understand. Shouldn't I be the only one who firmly holds a position and be the one with the last laugh? But I watched as the 100% profit I had accumulated in the past 4 days turned into 50%. The stop loss wiped out a lot of my capital. The profitable position also suffered a large loss. Then I began to question whether there was something wrong with my strategy? I thought After working for a long time, I suddenly understood something. At the end, I still had 4 positions. Isn’t that what the market rewarded me? I used the 3-EMA breakthrough method to do high-leverage trading in the past few weeks. The success rate was very high, and I turned over in 3 days. It increased ten times or twenty times, but when the market corrected, there was a large amount of capital retracement. So I changed the time from 1 minute to 5 minutes. The situation improved, and it increased many times again, but it only stagnated for two times. In three days, without even a downward correction, I lost dozens of times my profits and principal again.I spent several days on tenterhooks. If quantitative trading requires constant monitoring and one-click closing of positions as soon as the market pulls back, what else would it be called quantitative trading? So I read the "Turtle Trading Method" carefully again and put together all its details. The details are very thorough. I like its ATR position opening method very much. Although it is not suitable to directly use its formula to trade Bitcoin, you can trade 4 hours and daily lines with slight modifications. And I found that if a If the currency rises a lot, it will definitely trigger the 4-hour and daily signals, that is, the signals of higher-level K-lines. If I can get more accurate signals, it actually doesn’t matter if I make 10-20% less on one order. .Because the real trend should not be bits and pieces at the 5-minute level. I spent a few hours last week rewriting a quantitative AI, and then ran the AXS backtest in 2021. The effect was very good and I did not miss any beats. The market has fluctuated, and when it has increased by about 35 times, I can probably get more than 20 times the profit. This is just one coin, and I can use the floating profit to buy other coins to realize the rollover. I don't even open high leverage, use ATR A total of only 0.5 times of leverage can be used to achieve such high profits. So I changed my strategy. I don’t want to be nervous about short-term trading anymore, and my mood is controlled by the market. I should use this strategy today. On the 5th day, I felt very comfortable in the first 3 days. I trust this trading system, so unless there is a bug, I will let it automatically handle all the market conditions. But something is wrong these two days. My capital curve is the first 30% profit on the first day, 50% on the second day, 70% on the third day, and 100% on the fourth day, but it didn’t rise much on the fifth day, so I opened the position manually and lay in wait. But there is a big problem Disadvantages: I missed the gains of many coins that day and held a bunch of chips that were not going up. Because I was only allowed to open a maximum of 12 position units. In fact, it was more than that. I also changed some parameters, such as risky positions. When the leverage is less than 3 times, I don't consider the limit of 12 positions, so that the positions opened later can be easily added. I tested it for a long time and found that up to 18 positions can be opened, but after the leverage reaches 3 times, The same situation happened before. I was worried that day because I had increased the risk, but the final test proved that 18 warehouses compared with 12 warehouses did not solve the actual problem, so I happily changed the code back and then used the The 18 warehouses were selectively reduced to twelve.I began to pay attention to my principal. I didn't want it to lose. I knew that any risk could occur, which could cause my profits to be wiped out for several days or even months, so I tried my best not to lose my capital. Reduce my risk while maintaining profit. I opened a small account and put 1030U. During the test, I couldn't help but open the position manually, and finally opened it to 5 times the leverage. When the market pulled back tonight, the loss far exceeded my losses. As expected, I lost almost half of my assets. I could only turn off the AI ​​and adjust the remaining 600U of funds to the large account with orders. I feel that the transactions of the large account are open and more supervisory. I don’t want to trade manually without authorization. I summarize the following points today and warn myself: Don’t trade manually, including opening and closing positions. The AI ​​will take care of itself. Unless it is to modify a BUG, ​​don’t change the parameters. Don’t Just move it, it has proven that it works well. Read the book, and if it doesn't work, just play games. Don't watch the market. The result of watching the market will be that you won't be able to trade.

South Korea’s two parties announced that they will approve a Bitcoin ETF. Bitcoin has also become a campaign darling again. On April 10, South Korea will hold a legislative election every four years. Before the election, both the current ruling party and the opposition parties promised to approve a Bitcoin ETF. As a Korean public chain, it may usher in good gains. #BTC‬ #klay $BTC $KLAY