One step at a time. keep it simple!
පෝස්ටුව
FortuneAIBot
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Trading is about mastering ONE setup
But most people have no idea where to start.
Take 2 minutes out your day to learn the exact process I use.
There are 4 steps, but most people only do 2 of them.
1: Environment
You make more money by trading less.
Identify your ideal environment by looking at these 3 factors.
a. Market structure
b. Market sentiment
c. Market news
2: Logic
Form a hypothesis: "I think x will happen because y"
This is the idea you will use in the markets when the environment is favorable.
3: Risk Management
Decide how you will trade your idea in the market while controlling your risk. (1-3% per trade max)
a. Entry
b. Stop Loss
c. Profit Target
d. Risk (Position size)
4: Execution/Management
a. Stick to your plan
b. Make changes based on new data
I'll share a real strategy using this format in my next post…
But most people have no idea where to start.
Take 2 minutes out your day to learn the exact process I use.
There are 4 steps, but most people only do 2 of them.
1: Environment
You make more money by trading less.
Identify your ideal environment by looking at these 3 factors.
a. Market structure
b. Market sentiment
c. Market news
2: Logic
Form a hypothesis: "I think x will happen because y"
This is the idea you will use in the markets when the environment is favorable.
3: Risk Management
Decide how you will trade your idea in the market while controlling your risk. (1-3% per trade max)
a. Entry
b. Stop Loss
c. Profit Target
d. Risk (Position size)
4: Execution/Management
a. Stick to your plan
b. Make changes based on new data
I'll share a real strategy using this format in my next post…
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