Plan your tradeshttps://www.forexfactory.com/thread/...3#post15024313 47 hr ago 2572-2650 https://www.forexfactory.com/thread/...8#post15025778 13 hr ago 2619? + pendings short from ... (tooked 2shorts
), closed former longs) https://www.forexfactory.com/thread/...1#post15025791 13 hr ago pendings 2670,2661,2654 https://www.forexfactory.com/thread/...1#post15026161 7 hr ago TrendLines see you
- #46,644
- Oct 13, 2024 12:16am Oct 13, 2024 12:16am
- Joined Jun 2013 | Status: enjoying life | 23,844 Posts | Online Now
- #46,646
- Oct 13, 2024 2:11am Oct 13, 2024 2:11am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
This thing we call trading can definitely be one of the most brutal things you ever get into..... Since we're sharing stories, I worked a shitty warehouse job paying minimum wage whilst trading, then for 2 months, everything changed, grew my account from 1000gbp to 50000gbp, i was on top of the world, I WAS IN MY EARLY 20'S AND never seen this much money in bank account, I felt rich. I wanted to make 100k and "retire". or at least give my body a short break from working all these dead jobs.....and then disaster striked, I lost it all I don't know...
That is where I found myself now,
, My family turn against me, is just too hard, but first I was making money, but before you know it, there was a big loses and small win, that is when things got bad.. 
- #46,649
- Oct 13, 2024 4:07am Oct 13, 2024 4:07am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
Q4/Y {image}
Yes, in the last 30 years there have been ~600% rates of return for gold. See for yourself what happens with Google and Appel and Co
Now don't sell your sweetheart for gold. And don't ask grandpa to pull out his gold teeth.
My crystal ball says that gold will go backwards in the next 30 years.
Gold is a rare economic asset, which makes it expensive. Yes, that's true.
But the invoice items will change.
In my opinion, however, in the future it will increasingly no longer be 1 cow for x grams of gold,
but access to resources, including locational advantages = access to your well to extract more water than x cows need.
So access to water, space, defense capability, health, latest technologies, migrationbalance/manpower ...
in exchange for promises of supplies and services.
The hectic accumulation of gold at central banks to feign fungibility will dwindle again, because the consequences of inflation and recession will be passed on to us as citizens again in the near future.
Conclusion:
So if you lost on Friday, you have no problem in the long term.
Don't take it so seriously
- #46,650
- Oct 13, 2024 4:43am Oct 13, 2024 4:43am
- Joined Apr 2021 | Status: Trader | 5,844 Posts
You have to have an IQ higher than 90 to interact with this user.
- #46,651
- Oct 13, 2024 5:25am Oct 13, 2024 5:25am
Yesterday off because of the CPI back today to finish the weekHave a nice weekend everyone! keep the hard work everyone, at sometime it will come ! {image} {image}
Njaluk duit e mang atus
wish me pips
- #46,655
- Oct 13, 2024 8:43am Oct 13, 2024 8:43am
- Joined Jun 2013 | Status: enjoying life | 23,844 Posts | Online Now
- #46,657
- Oct 13, 2024 9:07am Oct 13, 2024 9:07am
- Joined Jun 2013 | Status: enjoying life | 23,844 Posts | Online Now
{quote} I am always fascinated when W0lfram opens his statistical treasure chest. {image}XAUUSD, 2years Government Bonds Yields, 10years Government Bonds Yields, EURUSD, S&P Future, HangSeng Future, Nikkei Future, USDIndex Yes, in the last 30 years there have been ~600% rates of return for gold. See for yourself what happens with Google and Appel and Co Now don't sell your sweetheart for gold. And don't ask grandpa to pull out his gold teeth. My crystal ball says that gold will go backwards in the next 30 years.
When trading your 100% concentration should be on price only
It is utterly easy and dumb trading gold and winning every month
- #46,659
- Oct 13, 2024 9:23am Oct 13, 2024 9:23am
- Joined Apr 2021 | Status: Trader | 5,844 Posts
{quote} But you are jumping to a pre-packed conclusion, and that is dangerous. My advise is, you need to think by yourself and do YOUR own calculations. Do your math on your trading style and get a conclusion. Look at this video, the guy did at least some maths on both options, and look at the INTERESTING results https://www.youtube.com/watch?v=zCv3BHzz28o Trying to close a debate by labelling a style as "gambling", is not good for you. Think on your own first, and then come up with an opinion backed with data, and let us know. Per me,...
Im not closing a debate, because there's no debate. He asked for seniors' advice and that is my advice. 80% of the traders lose their capital in the span of a year, and 95% lose it in the longer run.
95 out of 100 people who are interested in trading won't make it. This is a very serious statistic and it shouldn't be overlooked. Sometimes it's better to give up rather than losing everything.
That was just my advice, im not debating or arguing. I hope it helps. Cheers
Have a great week
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