Trade management is a crucial aspect of successful trading that many overlook. Maya's disciplined exit strategy on the CRWD trade limited a -51% loss, demonstrating the importance of protecting capital.
Here is the truth about trading that most gurus will not tell you: the entry does not matter nearly as much as the exit. This CRWD trade proves it. Maya took a -51% loss - and that is exactly why Maya's portfolio continues to grow. The Trade (Brief Context Only) Maya entered a Call Spread on CRWD at the $470/475 strikes. The setup looked promising based on technical signals.