Hello there to all dear traders!
I hope everyone is fine and doing their trading great.
I have been active in real trading since 4 Years. I started with forex pairs trading , later i was introduced with Metals, Gold, and Stocks.
Now i mostly do the Gold. As someone said one should focus on the one pair and master it. And not to mention , why Gold trading is lucrative and i chose it as that ""One Pair"
in start of my journey At first i wasted my time i searching the holy grail indicators over the internet. Then came to the fact that there is not short cut. I turned towards books, Read several books on Trading , technical, psychology etc. YouTube learning sources, Books, articles, news etc.
Long story short, i build a reasonable capacity to trade, survive and grow without any formal mentor, without joining trading house/ community.
But my search for trading mentor/guru is remained dissatisfied uptill now.
Anyways, i am on journey to satisfy my quench.
Trading the Gold , i came across many occasions, when my analysis was right, i entered into the trade, sooner i got exhausted and eventually when i close the trade in lessor profits, the Gold starts to move up and hit the target i marked.
Similarly, The Gold first hit my SL on several occasions and then start to move in the direction i already analyzed in my charts which turned into hell of frustration.
Such market moves brings out the question: Who moves the market? Why Thursday analysis materialize on Friday when a common trader gives ups the idea. Or What u expected on Friday but eventually close the weekend happens on Monday/Tuesday. Most important who plans such moves? who plans that when news in negative at 6:30, Its rally will start at 11: 30?
How to read what behind the candlesticks? How to read/sense the script behind the scene. How these big player move it? I mean i know through aggressive buying or selling. But all big Player ( Banks , Hedger funds, brokerages) plan this trade commonly?
I hope i have defined my question.
I shall seek answers from the seniors.
Regards,
I hope everyone is fine and doing their trading great.
I have been active in real trading since 4 Years. I started with forex pairs trading , later i was introduced with Metals, Gold, and Stocks.
Now i mostly do the Gold. As someone said one should focus on the one pair and master it. And not to mention , why Gold trading is lucrative and i chose it as that ""One Pair"
in start of my journey At first i wasted my time i searching the holy grail indicators over the internet. Then came to the fact that there is not short cut. I turned towards books, Read several books on Trading , technical, psychology etc. YouTube learning sources, Books, articles, news etc.
Long story short, i build a reasonable capacity to trade, survive and grow without any formal mentor, without joining trading house/ community.
But my search for trading mentor/guru is remained dissatisfied uptill now.
Anyways, i am on journey to satisfy my quench.
Trading the Gold , i came across many occasions, when my analysis was right, i entered into the trade, sooner i got exhausted and eventually when i close the trade in lessor profits, the Gold starts to move up and hit the target i marked.
Similarly, The Gold first hit my SL on several occasions and then start to move in the direction i already analyzed in my charts which turned into hell of frustration.
Such market moves brings out the question: Who moves the market? Why Thursday analysis materialize on Friday when a common trader gives ups the idea. Or What u expected on Friday but eventually close the weekend happens on Monday/Tuesday. Most important who plans such moves? who plans that when news in negative at 6:30, Its rally will start at 11: 30?
How to read what behind the candlesticks? How to read/sense the script behind the scene. How these big player move it? I mean i know through aggressive buying or selling. But all big Player ( Banks , Hedger funds, brokerages) plan this trade commonly?
I hope i have defined my question.
I shall seek answers from the seniors.
Regards,