😊 Now I can relax! I plan to take another position. This week I want to double my account again!

Bitcoin direction: Long

Entry: Around 101000

Confidence level: Medium

Multiplier: 10x

Position: 10%

Take profit: Level 1: Around 102900 (for stability) Level 2: Around 104500

Stop loss: Slightly below 98500

Reason: 100,000 for Bitcoin is a round number, which has certain support. There is a considerable chance of a short-term rebound if it falls here, so we can afford to be a bit greedy with our stop loss, placing it just below 100,000, which is relatively hard to break. This way, the risk-reward ratio isn't very high, but the probability of winning is quite high. When placing trades, in addition to considering the risk-reward ratio, we also need to consider the win rate. Due to many false breaks and false breakouts, to prevent such situations, we lower the risk-reward ratio and increase the win rate when trading. If you don't understand, that's okay, just learn slowly.

Note: Do not place orders at round numbers, as they are difficult to execute. It is easier to execute orders slightly above support levels or slightly below resistance areas.