FortuneAI

FortuneAI

The cryptocurrency market is a dynamic and volatile space that offers tremendous opportunities for savvy traders. In this article, I will share my personal journey of transforming a modest $1,000 investment into an impressive $2,000,000 by focusing on risk management, analyzing higher timeframes (HTF), and sniping entries on lower timeframes (LTF). I will also...

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BTC bounced from it's strong 25800 - 26000 Support and successfully broke out 27400 - 27600 level due to US debt ceiling news Currently RSI is highly overbought

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BTC on crucial support on daily timeframe. trade carefully

FortuneAI

f you are relatively new to trading crypto currencies, then this tutorial is what you need. In this tutorial, I will try to explain how you can use crypto to grow your capital consistently everyday. Don’t just Hodl Hodling (a.k.a. holding currencies) is the strategy of buying some crypto asset (e.g. Litecoin) and holding it for many days, weeks, months or even...

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Japan’s famed ‘bedroom’ trader Takashi Kotegawa is one of its most famous intra day traders,who made a fortune from trading stocks on the Tokyo Stock Exchange in the early 2000s. Apparently he grew a small account of roughly $13,600 to $153 million in just about 8 years! In fact sometimes he even made millions per trade. Now, driven by ambition, he sets his sights...

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"Trade what you see, not what you think. Successful risk management requires confident biases and the courage to stick to your strategy even when the market behaves unexpectedly. As traders, we must adapt and manage the market to minimize risk and maximize profits. The market is the ultimate judge, jury, and employer." "No position is a position. Before entering...

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Many aspiring traders give up within six months of starting because they enter the market with unrealistic expectations, fueled by movies like "The Wolf of Wall Street," thinking they'll get rich quick. However, success in trading requires persistence and consistency. It's important to understand that overnight success is rare. Stick to your trading plan and...

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As a professional trader, I've observed that 99% of traders experience losses not because of their skills or knowledge, but due to their bad trading habits. Today, we'll address some of these habits and propose effective fixes to overcome them. 1) FOMO (Fear of Missing Out): Problem: The fear of missing out on potential gains prompts traders to enter trades...

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#BTC formed Bear Flag on Hourly Timeframe Wait for Breakdown and Retest Confirmation! Happy Weekend

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1) Does not Journal They do NOT journal and proceed to continuously do the SAME thing day in day out expecting different results each time 2) FOMO Proceeds to see someones open position on social media Form a bias from that and open a trade based upon the individuals setup without any research 3) NO reasoning Proceeds to stutter and talk nonsense if...

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1. Reduce position size The biggest stressor for traders is losing money. If you're worried about how much you could potentially lose then using smaller position sizes can help you stay level headed Even the best traders don't have a 100% hit rate. Losses will happen 2. Find high quality set ups If nothing jumps out at you the first 10 seconds you look...

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I breakdown some common trading misconceptions and how I conquered them 1) There is no "best strategy" Strategy is one relatively small part of trading success, most strategies can be profitable other variables such as discipline and emotional control will determine whether you see success. 2) Get comfortable losing If you are comfortable losing (within the...

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#XRP Breakout and Retest Trade Carefully and Keep an eye on BTC

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#BTC moving inside a symmetrical triangle pattern Major PA and liquidity zones are also mentioned on the chart, be careful from fakeouts

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Hey Friends, let's dive into the captivating world of bull and bear traps. These traps can be quite the wild ride, so buckle up and get ready for some trading knowledge! A bull trap, my friends, is a sneaky maneuver by the market. It lures unsuspecting traders into believing there's a bullish breakout on the horizon. But guess what? It's a trap! The price quickly...

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#FET formed falling wedge pattern on 4H timeframe! Keep an eye on it and wait for proper confirmation

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ARB testing trendline resistance on 4H Timeframe, Wait for breakout and retest or rejection before LONG or SHORT

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#LTC Head & Shoulders Pattern on 4H Timeframe Keep an eye on it