Gold Trading Mindset: The Underlying Logic of Profitability More Important than Technique
1. Accept 'Imperfect Trading' and Give Up the Pursuit of Being Right Every Time
There is no strategy in the gold market with a 100% win rate; even in a clearly trending market, there will be pullbacks due to fluctuations. One should not deny their judgment because of a single stop loss. True experts win based on the risk-reward ratio rather than the win rate. Accepting small losses allows for the opportunity to secure larger gains.
2. Control Your Hands, It's Harder and More Important than Frequent Trading
In a volatile market, the worst thing is to be 'itchy' and chase prices up and down. When there is no clear entry signal, remaining in cash is also a strategy. Many people incur losses not because of poor technique but because they cannot resist trading—treating 'waiting' as part of trading, patiently waiting for signals can better preserve capital than entering blindly.
3. Don't Let Emotions Be Influenced by Profit and Loss, Use Rules Instead of Feelings
Don't get carried away when profiting and don't panic when losing. Once you start placing orders based on 'feelings', it's easy to overlook stop losses and increase positions. Establish your trading rules: enter when signals appear, exit at stop loss levels, and take profits in planned increments. Let rules be the 'brake' in trading to avoid irrational actions driven by emotions.
4. Respect the Market, Always Leave Yourself an Exit
Gold is greatly influenced by Federal Reserve policies, geopolitical conflicts, and other news, and black swan events can happen at any time. Never go all in or use excessively high leverage; leave enough buffer space in your account. Remember: preserving capital is essential for qualifying for the next trade, and the market always has opportunities. #美联储降息 #美联储FOMC会议 #中美贸易谈判