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From the Brink to Billions: How One Man's Blackjack Gamble Saved FedEx from Bankruptcy
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We are excited to announce a strategic partnership with COSBIX, a leading AI and Web3 marketing solution đ¤ This collaboration supercharges Fortune Cryptoâs ability to deliver top-notch content to our members. Youâll get the latest updates and strategies to dominate in the crypto space đ Using COSBIXâs expertise, Fortune Crypto will boost its brand visibility and engage our community more effectively âĄď¸ Join the COSBIX newsletter today đđť https://cosbix.substack.com Itâs absolutely free for the Fortune Family đ
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Trading is a game of accumulation While many call trading a âgame of probabilities,â I like to see it as a âgame of accumulation.â This perspective can make it clearer what you really need to do You think âgame of probabilitiesâ means the odds of winning any one trade in front of them. This leads them to focus on wins or losses, changing strategies after a few losses and missing the big pictureâa large, consistent sample size crucial for probability-based success. Focusing solely on win rates also risks ignoring critical money management Think of the game of probabilities differently: itâs an âaccumulation gameâ through repeated trades. Trading is about three steps, retreating two; moving forward four steps, back one, and so on. To stay positive, you need both a sample size and sound money management Hereâs how I approach it in my own trading: In my system, my worst-case scenario on a single trade is a loss of 1% of my capital, often even less. With a simple trend-following strategy and no fixed risk-reward, sometimes I lose 0.5% or 0.25%, or even break even. And when I profit, gains range from 1%, 2%, sometimes up to 10% To put it simply: ⢠Losses range from -1 to 0, with a 40% probability ⢠Profits range from 0.1 to 10+, with a 60% probability I know the dice Iâm rolling, & as long as I stick to my own system, I donât worry about losing my capital. My backtesting isnât about winning individual trades but confirming that my capital accumulates positively over a large sample with solid money management Recognizing this as an accumulation game, Iâm able to focus on the long term, repeating trades throughout the year without worrying about immediate results. The key is understanding that sample size and money management lead to sustainable accumulation If you find yourself giving up too soon, you may still be stuck in the win-loss mindset rather than thinking in terms of accumulation. Instead of focusing on the win-loss probability of single trade, ask yourself if you can accumulate wealth across multiple trades.
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đşđ¸đ #BTC #ETF Matrixport reports rising #Bitcoin demand as the probability of a Trump victory increases, sparking growth in ETF inflows. đ What impact do you think this could have on the crypto market? đ¤ #CryptoNews $BTC $ETH
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Trading is a different business. If you don't fall in love with competing against yourself, you will fail. It's you vs you. Not you vs the market. You will never be a successful trader if you can't control your own emotions. Create twitter post
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