"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Thursday, April 12, 2012

Peak Performance Trading - Gold

I have too much phobia with what I'm trading now. Send chill down my spine thinking about this pair. Another day I don't know what I'm doing. 

Just feel throwing my mum's gold necklace and jewelry away.



Chaos Theory Trading said...

its not nice when you have a day like yours, ive been there. if you can, view it as a time to slow down and trade conservatively - maybe look at what hourly dollar index chart is telling you according to Ichimoku and then look for entries in the same direction on a pair.
also, GOLD is volatile and in my opinion manipulated, potentially get confident with the strategy before you trade gold, plenty of other markets to choose from.

Black said...

Yup, admittedly I didn't know what I was doing with it and thought I could use it like other pair.

Thanks for the advice. Yup and its time to slow down n protect my capital instead of these mindless trading, started the week aiming at 5 percent per week but ended up down -19% lol.

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