Real Trading

aussie short

Not at the moment, but could do in the future, see how it goes

Pat, I don't trade the gold but the zone is very nice at dropping bulls to the south

GU LONG order 1.3637 no sl 3 pips TP

reason for placing pending GU LONG was to make the bugger go down

it's working

I have already shorted gold. If it rises more I am going to add.

So I was right after all, Pat, what was the correct answer?

If you were right, then that was the correct answer...

didn't trigger so cancelled

Being right or being wrong on a single trade basis doesent matter aslong as some $$ has been made/equity is protected, and the best part about trading is You can do that even while being wrong! (partials, hedging etc..). Were here to make some $$ or even living/change our lifes completly not stress about one trade when theres everyday so much opportunities! Think big, open minded & long term. Ofcourse if You plan to be for long term..
If one uses good/high RR then living/profitability can be made/achieved by being right only even as low as ~30-40% of the time also, thats aprox every 3 trades, just by using anything above 1:3RR! Or what If Youre right "only" 50% of the time by using 1:3risk to reward model? That builds millionaires! Imagine just being right 50% of the time .. make 300$ lose 100$ or make 3k lose 1k, win every other trade statistically etc (realistically theres more of a clusters of wins and losses). I suggest tracking atleast 100+ trades and then see how much You were right and wrong and what kind of RR was used/averaged and let me know!

I think this is actually a huge pshyological problem with mix of ones ego that can reflect trading in a bad way by creating habits something like that one needs to be right always and before You know it emotions kick in, risk gets taken to the roof etc .. cause one has to be "right all the time" and then Youre wrong and all the capital is blown away.. if one does not overcome it, it can really be a dealbreaker in this business. How do I know? I know cause i had it!

Just a friendly advice, didnt mean to hurt any feelings, I might be wrong though, just talking based off from experience and judging by Your comment context.
If its true and You manage to actually overcome it, dudee pfff You gonna be so much more humble, chilled out and overall alot better person in real life as well!
Im pretty sure Pat would have written something similar.. but ofcourse I might be wrong though!


Now lets see if our lovely precious metal gold can actually start building some sell model, 1900 is a beautiful round number thats often used to turn the market around. Gold took too much vaccine boosters lately as well .. payday has to come sooner or later, we deserve atleast some kind of pullback dont We?!

Peace and Love!

Chriss K

GOLD - short(scalp) with 10 pip SL( or BuyStop - tp 1912), 100 pips target.

GOLD -short , target hit(100 pips)

4 time retest QML

GU
.

After the break of range box, price is RT the upper boundary and seems not in hurry to push higher.

Below current position on GU>

London come, she can go anywhere she like....... therefore place you SL appropriately.

wow bigiivan = bigbear/bigbull

GOLD

current price after reaching the top .

Went down at Tokyo and yet to break H1 structure to continue down.

EU

going into LO, price seem to be holding well at this level.

Looking forward for price to make progress to the north at LO.

Hi Nagstn,

Wow nice trade Bro.

Keep it up and share your trade entry and trade ideas.

Appreciate your effort in sharing those.

Thank You

PAT

Pat, now it's your turn to copy my trading idea

wait......