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.
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.
2 comments:
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.
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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