The greatest mistake you can do is to enter a trade without calculating your risked amount first. Truing to avoid a small loss is the reason why most traders experience bigger loss.

Gold (XAU/USD) with BiteFX

Bro just calculate your risk, set your trade when you see your set up and let the market run. Don't try to control the outcome. It is a futile task.

Gold (XAU/USD) with BiteFX

I only know my risked amount. I don't know my profit target. Simply put, I follow until I think it's about to turn again. Or at Market Exchange Price.

Gold (XAU/USD) with BiteFX

Are you a market maker to determine where fail or holds? How did you know the zone failed? Do you really observe how I position my trades? I don't understand your comment bro.

Gold (XAU/USD) with BiteFX

image

Gold (XAU/USD) with BiteFX

image Longs out. Shorts in. Market Exchange Price 3663

Gold (XAU/USD) with BiteFX

What some are learning here is not strategy. It is how to stay true to their system's edge even when the bad cluster probability shows up. Trading psychology is everything.

Gold (XAU/USD) with BiteFX

image Margin call took out 5 out of my 7 long positions. Now I am left with 2. Also, waiting for my sell limits to be activated.

Gold (XAU/USD) with BiteFX

Bearish plunge following previous D1 bearish engulfing pattern. I am still waiting for you.

Gold (XAU/USD) with BiteFX

Market Exchange Price currently is 3663. At that price buyers are willing to allow sellers take over the market. Giving that there is no chaos.

Gold (XAU/USD) with BiteFX

image

Gold (XAU/USD) with BiteFX

Like Leonernado Davinci, do not hold back your curiousity or intuition about the market. When you see the works of others on the tape, appreciate it. Yet, follow that voice inside you that is pointing to something or somewhere that although you may ...

Gold (XAU/USD) with BiteFX

image

Gold (XAU/USD) with BiteFX

The days when scaling into more positions as the trend runs in our favor will come again soon. Market is neutral. Neither a friend nor foe.

Gold (XAU/USD) with BiteFX

Thank you too much for kind words. I will go down with you when my parameters signals so.

Gold (XAU/USD) with BiteFX

image One last try before market closes. I always trade my signal. No excuses.

Gold (XAU/USD) with BiteFX

Classic Gold madness

Gold (XAU/USD) with BiteFX

Market will settle down first before I enter again.

Gold (XAU/USD) with BiteFX

See crazy up and down movement. Wheeeeew!

Gold (XAU/USD) with BiteFX

Never risk more than you can't afford to lose on a trade signal. That is the only way to last long in this business. Up or down, we will follow the market.

Gold (XAU/USD) with BiteFX