CRO long setup (20% gains)

Dec 22, 2021

CRO looks nice here. R:R is great at a 5% stop vs 20-26% reward depending on how you want to play it. Just retested LTF break of diagonal trend line .

I feel like I owed a bullish post for all of the shade I threw at CRO on its run up :)

And for those that said we would never see .50 again...well, I hope you survived the fly by down to .36 hehe

Dont fall in love with a project so much that you ignore what the price action is telling you.

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals

Please note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!

Dec 27, 2021

Trade closed: target reached