Money Management

Minimization of loses is the name of the game.

There is a whole branch of mathematics which studied optimizations.

Every opening of and exiting from a Position is subject to commission, so trade less often, ideally at a just right pattern (perfect timing).

An obvious true statement, if you think a couple of minutes.

However, to understand what time it is in the Market requires a lot of information processing and sentiment analysis. Professionals do it all the time (actual trading takes seconds).

Arbitrary entry is a loss due to short-term volatility. You will be stopped-out or even liquidated.

A flat range has to be traded only at its edges, in the direction of returns to normal.

The whole industry has been created to profit from your errors - bad timing, FOMOing and especially dong emotional shit.

Wrong timing is a loss. Wrong side is a big loss.

Exit a losing Position without any delay or hope. Set stop-loses.

• Never open a Position you cannot afford to lose.
• Never dry up your account. A good entry usually appear right after a loss.
• Never without a stop-loss.
• Each Entry is an accepted and calculated loss.
• DO NOT ENTER IN THE MIDDLE OF A RANGE.

• A trend is your friend (a chance for an easy entry).
• Never miss a wick (systematic, pays off in the long run).
• A connection could be lost at any moment. Literally.
• Anticipate but never try to predict Market moves (phases).

• Positional trading only (in the direction of the current major trend)
• Be early, not late (LOL).
• Do not be a bull or a bear. Be early on a major reversal.
• Trade in the direction of “returns to normal”.
• Short every ATH. Long every bottom wick.
• Reeeeee-to-ze-moon are sudden and violent. Hopium drives markets.
• Anticipate and try not to miss “the top”

• Always expect “returns to normal”.
• Enter on a minor reversals in the direction of the major trend (LOL)
• Always confirm on a bigger time-frame.