{quote} A few days ago, I saw an analysis from you that said that the purpose of the fall was 1787. I think that analysis was correct
Ignored
A lot is happening these days, an analysis is updated based on the market situation and changes that are constantly taking place. Gold on 4hr analysis today is the bearish and targeting 1787/85 and then 1750.
I expect Gold to reach 1750 this year based on this.
I also send small trades based on smaller timeframe which is about in and out.
{quote} A lot is happening these days, an analysis is updated based on the market situation and changes that are constantly taking place. Gold on 4hr analysis today is the bearish and targeting 1787/85 and then 1750. I expect Gold to reach 1750 this year based on this. I also send small trades based on smaller timeframe which is about in and out.
Analyzing trades is one thing and managing trades is another art that many people lack.
My friend X is incredibly good at finding very profitable trades but he himself does not make any profit from it, he is a smart trader but the problem is not in his system but in his way of handling the trade, it is traders psychology that disturbs and destroys the whole trade idea , quit too early or stay too long or take trade based on weekly / daily but can not stay a week in it etc.
It is extremely important that we know our strengths and weaknesses so that we can choose the right trade for us, an extremely fine trade for X that is profitable does not surely suit me, of course I am not X, that is why many traders fail overall with very nice and profitable trades.
Ask yourself, what type of trade suits me, some love small timeframe as in & out and some want bigger trades with bigger profits but forget to ask if they can if the price falls against the 100pips ,.
Start asking yourserlf what kind of trader are you and do not let others bother you with their bragging if he doint 1000pips in 2 days, most do not tell the truth.
Take me as an example, last week when I talked about the US30 possibly collapsing, no one believed me, not even my private group, why?
Therefore they listen too much to youtube, others noise and forgot to listen to themselves.
I followed my system regardless, and I'm not looking for appreciation from others but only making money, keeping myself in focus on my trade idea and following it literally.
I may not be here next year, at least not as much. I have tried to contribute with the little I know about the market, maybe managed to arouse new thoughts in you.
