Enjoy the Profit 🔥#trading #FortuneAI

Risk management is the most underrated trading skill.

And the most overrated skill is ‘predicting’ ability

You can be right 100% of the time, if you can’t execute and manage risk it’s worth nothing

#FortuneAI

Trading is very simple.

The problem is the worrying, the expectations, the lack of patience.

For those reasons, trading is anything but easy.

#FortuneAI

Focus on trading the current market conditions, instead of trying to trade based on your psychological biases and the way your mind colors the market #FortuneAI

The best traders I know

• Don't brag
• Are humble
• Adapt quickly
• Ignore negativity
• Have an open mind
• Admit when they're wrong
• Have no expectations
• Show up every day

#FortuneAI

To me, given uncertainty, the real edge is the risk-reward framework.

Take a fair coin:
H -win $30
T -lose $10

Keep tossing and long term you'll make more $ than you lose.

You can approach trading in pretty much the same way.

#FortuneAI

You need to win:

1 of 3 trades to breakeven with a 1:2 RRR.

1 of 4 trades to breakeven with a 1:3 RRR.

1 of 5 trades to breakeven with a 1:4 RRR.

You don't need 100% win rate to be successful.

#FortuneAI

Game of R:R vs Win Rate

#TRADINGTIPS #trading #FortuneAI

Confluence Trading Simplified!

Learn & Practice!📈

#FortuneAI

Stop breaking rules, start trusting your system.

Stop forcing trades, start waiting for your system.

Stop hesitating, start being ruthless with your system.

Your system is your most important trading weapon.

#FortuneAI

Before entering your buy order, make sure you know where your protective sell-stop will be set. If it's too far away from the purchase price, look for a new buy or wait to purchase the coin when a safer level forms. The converse is true when selling short.

#FortuneAI #trading

Don’t try to understand each and every market move, because simply understanding is just too shallow. Try to follow your trading rules instead and the understanding will follow

#FortuneAI

This is how I trade My Breakout Trading Setup!

Learn & Practice!📈

#FortuneAI

Trading is like eating a red grapefruit- initially it is bitter but once you put in the work and remove the cover, it becomes sweet.

#FortuneAI

People can get lucky and make money on pump and dumps, but they can’t do it consistently. Most lose it all
Only skilled traders keep their money

#FortuneAI

Money comes and goes.

Trading skills stay with you forever.

#FortuneAI

Don't marry a trade.

Execute.

Win or lose.

Go on the next one.

No regrets.

#FortuneAI

Remove every drawing from your chart.

Look at individual candlesticks and note:

1. Where they opened and closed
2. How they reacted to previous support/resistance levels
3. How they compare to the candlesticks next to them

You'll discover some interesting things.. #FortuneAI

The best traders have internal confidence.

They trust themselves, their plan and ignore the noise of others.

#FortuneAI

Trading is crazy.

Anyone in the world can compound money like nothing else with just a computer.

Stop wasting time. #crypto2023 #FortuneAI #fortuneNodeAiTradingIndicator #fortuneNodeOfficial #fortuneNode #twitter-Fortune_btc