Gold and US stocks are hitting new highs, indicating that there is capital in the market. Since gold is no longer rising and US stocks are at high levels, where can this capital go?
Who has not experienced storms and heavy rain? After enduring, one can see the clouds part and the moonlight shine. In one month, from a 70% drawdown to a complete recovery today, this journey has truly been not easy!
Trading must be your own trading, competing only with yourself. Today, you should be stronger than yesterday, not comparing yourself to others, and not being influenced by anyone else's emotions. It doesn't matter how much others have gained or lost, as this will only make you more anxious, urgent, and FOMO, often leading to a disastrous outcome. Patience, entry points, position size.