We want to enter a trade on GOLD, but each candle on the 5-minute timeframe is about 140 pips.
π13π6
The best trading lessons come from your own trades, especially the losing ones.
βͺοΈWe entered a sell trade on gold, but the stop loss was huge, 90 pips!
βͺοΈOur trading rules clearly say: never enter a trade with a stop loss above 30 pips.
βͺοΈBut the strong momentum fooled usβ¦ and the result?
Another valuable lesson.
βͺοΈNever break your strategy, even if youβre sure about the direction.
βͺοΈTrading isnβt constant profit, losses are part of the game.
βͺοΈThe real skill isnβt avoiding lossesβ¦ itβs losing less than you win.
β«οΈDiscipline isnβt optional, itβs what separates amateurs from professionals.
βͺοΈWe entered a sell trade on gold, but the stop loss was huge, 90 pips!
βͺοΈOur trading rules clearly say: never enter a trade with a stop loss above 30 pips.
βͺοΈBut the strong momentum fooled usβ¦ and the result?
Another valuable lesson.
βͺοΈNever break your strategy, even if youβre sure about the direction.
βͺοΈTrading isnβt constant profit, losses are part of the game.
βͺοΈThe real skill isnβt avoiding lossesβ¦ itβs losing less than you win.
β«οΈDiscipline isnβt optional, itβs what separates amateurs from professionals.
π31π3
The $4,375 Zone Marks The End Of The Bullish Wave
Remember This POST
Remember This POST
π87π17
Weβll keep saying it: GOLD prices are extremely overvalued.
Weβre now in a phase of extreme optimism
Be careful, Friends⦠The Crash Will Be Brutal & Merciless.
Weβre now in a phase of extreme optimism
Be careful, Friends⦠The Crash Will Be Brutal & Merciless.
π35π1