$XAUT
After the dip in gold prices, I jumped into a buy position at $4078.
Due to my small capital and to avoid liquidation, I opted for spot trading. Now, I've entered a sell position (one order cancels the other).
I've set up a long sell order.
Taking profits at $4350 to ensure I snag the highest price if the upward trend continues overnight.
I've set the stop loss at $4190 to avoid a price drop, planning to raise it if the climb persists.
The profits realized may be modest, but for a newbie, it's a solid start to build a decent capital for the future, even if it’s slow progress; it’s still a good strategy...
After the dip in gold prices, I jumped into a buy position at $4078.
Due to my small capital and to avoid liquidation, I opted for spot trading. Now, I've entered a sell position (one order cancels the other).
I've set up a long sell order.
Taking profits at $4350 to ensure I snag the highest price if the upward trend continues overnight.
I've set the stop loss at $4190 to avoid a price drop, planning to raise it if the climb persists.
The profits realized may be modest, but for a newbie, it's a solid start to build a decent capital for the future, even if it’s slow progress; it’s still a good strategy...