$FRC - Lessons for future reference

1. Do not trade late stage base breakout ... especially those created side by side with a RSI bearish divergence.
2. Exit long positions when the price closes below the 10 EMA (M) / 50 EMA (W) / 200 EMA (D).
3. Never let bullish reactions encourage you if the price remains below this key threshold.
4. Consider even shorting if you see a bearish rejection candle in the 10 EMA territory.
5. Perhaps the most important lesson is to never risk more than 1% of your trading capital in a single trade.


Cheers,
Tenacious Tribe - Backtested Trading Strategies & Studies