Today's gold fluctuation rhythm is basically consistent with our prediction. The rhythm from entry to profit-taking is clear, and the strategy is executed decisively. First, we decisively arranged long orders at the 3365-3370 line, and successfully took profit at the target line 3375, earning 150pips of profit. Then we decisively reversed and arranged short orders at 3375. The market fell back to around 3360 as expected, and realized 150pips of profit again. In the third round of operations, long orders were entered again near 3352, and the price rose smoothly to 3370 to take profit again. The overall rhythm was tight and profits were steadily pocketed. At present, gold has rebounded to around 3380-3385. We have deployed a new round of short orders in advance and will wait for the price to drop before arranging long orders. Overall, gold is in a volatile rhythm. Even if there is still room for upward movement in the future, it is likely to undergo a round of technical retracement adjustments first.
Trade active
The value of investing lies not in profit margins but in minimizing risk. Every trade carries risk. Control your greed when you're right and manage losses when you're wrong. An investor without risk management awareness will ultimately fail. There's no infallible trading strategy, but a trader who doesn't set stop-loss orders will never recover from a single mistake. Profits are built upon accumulation, and trading is a comprehensive system. If your success rate exceeds 50%, all accumulated losses are eliminated. Those who don't consider the overall situation are incapable of focusing on specific areas. Therefore, as a trader, we need to develop a comprehensive and systematic trading plan, rather than focusing on the gains and losses of individual markets. Most losses come from single, gamble-like trades, which demonstrates that trading is a form of gambling. The key to trading lies in distinguishing this from gambling and controlling our emotions. When facing the market, our only recourse is rationality.Trade closed: target reached
Today, our overall strategic thinking was perfectly executed, with market conditions closely aligned with our forecasts. Execution resulted in profits. Congratulations to everyone for strictly following your trading plan and achieving impressive returns. Those who persevere will stand out, while those who don't will be eliminated. The market is always full of opportunities, but those who are not determined will always be eliminated. With perseverance, and without complex operations, weekly returns of 100-400% or more are possible.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.