Challenge update đšđš
Right now, Bitcoin closed below the 200 EMA, so we will not do futures for a while. Iâve been only having losses these days. Hopefully, we will be on the winning side after the CPI release, and we will start with a new beginning.
Well, I guess you must understand that futures is the easiest way of losing money.
And I personally donât want to short. Yesterday, ETH and FET would have been in great profit if we didnât close them, but right now I donât want to short or do futures until BTC recovers the 200 EMA. Until then, I will just post market updates after backtesting my strategies.
âWe almost tripled our portfolio and then lost it in the chop. I hope I will not repeat these mistakes againâđ
And one more thing: I love you all. If you had any losses, Iâm sorry for that. Learn position sizing; we are only down less than 10% after a streak of bad days. Do believe me, I will make sure you all recover ASAP .