Gold Trading Mindset: Staying Steady is More Important than Anything Else

1. Don't Let Intraday Charts Enchant You

The small fluctuations in gold are like noise by the roadside; the longer you stare at them, the more likely you are to lose your rhythm. Don't change your strategy because of a few minutes of ups and downs; the trend is what you should be focusing on.

2. Stop Loss is Not Giving Up, It's Saving Your Life

There are no perpetual winners in trading; a stop loss is like insurance for your principal. Holding onto losing trades will only turn small losses into big ones. Protecting your principal gives you the confidence to turn things around.

3. Take Profit Early, Don't Aim for the Last Point

Once you reach your target profit level, exit decisively. There will always be another wave in the market; there's no need to return the money you've made for a bit of uncertain profit.

4. Trading is About Endurance, Not Explosiveness

Making a lot in one go isn't impressive; the true skill is to achieve stable profits over the long term. Don't get overly excited about one profit, and don't get discouraged by one loss; a calm mindset is what allows you to go far.

5. When There Are No Signals, Staying Out is the Best Move

You don't have to trade every day; if you don't understand the market conditions, don't force it. It's better to miss out than to lose money in ambiguous signals; waiting patiently for a clear opportunity is a hundred times better than aimlessly scrambling. #美SEC推动加密创新监管 #美联储降息 #美联储FOMC会议