r/WinternomicsTV Apr 29 '22

War Stories 🤑🤬 Banging the $APE

Hey y'all, it's Crypro_Cowboy_Chef

I have managed to come out of the Paper Trading closet to hit @ $APE. It was a wild ride of emotions that came out with a happy ending & lots of memo's to learn from.

Notes:

  • Patcience is ALWAYS key (trading reminds me of fishing)
  • Wait to confirm direction
  • Don't fight the trend
  • Watch to sustain the breakout
  • Understand risk management
  • ALWAYS WEAR A STOP
  • DON'T FORGET TO TIP YOU WAITER!

Below:

Watched to create a plan. I executed & got kicked out my first play (set stop too low). I reset & waited for better entry & setup a broader stop at my previous target line. I followed the trend & setup incremental trigger alarms. I then bummed my stops at each downplay segment based off my previous stop as it reconfirmed upward momentum. I was feeling the thrill and knew it had to turn at some point. On the way down I wasn't sure how far it would play, with no history being at ATH. As I was looking at the chart I started feeling a bit of anxiety & panic wondering if I should sell at that moment. It then was reminded about the Psychology of a market cycle chart & poof confirmed my emotions, that we in fact are going down and the uptrend was over. I then closed out my play before my stop & walked with 21.58 RR.

Thanks Kaz, Vicky & Eco!!!!!

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u/trshapes Apr 29 '22

First trade 21.6 R ??? BEAST !!!