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Gold with thedaytrader

  • #441
  • Sep 2, 2025 5:50am Sep 2, 2025 5:50am
Quoting tanibhatti
Hello guys. I have a question. I traded in gold trading since 2018. My only weakness is that whenever I experienced a loss, I quickly recovered that but after that whenever I saw the chart I opened random trade and it destroyed my account. The question is that how to take loss/profit and leave the trading for that day? I tried a lot to avoid overtrading but my mind never listen to me and opened random trade from which I lost about 600$ in a year. Good answers plz and sorry for my English.
make yourself a hobby, mine is playing Dota
Triple_M
  • #442
  • Sep 2, 2025 7:00am Sep 2, 2025 7:00am
Quoting m3mataei
{quote} make yourself a hobby, mine is playing Dota
Hit immortal in d2 and never looked back after years of toiling in the sea server. Now it's deadlock for me.
  • #443
  • Sep 2, 2025 11:24am Sep 2, 2025 11:24am
Quoting mollick
Gold 2nd target reached already and wait for 3rd target 3550 and 4th target 3600 for this years. Happy trading..............
On the way to 2nd target 3550
  • #444
  • Sep 2, 2025 11:55am Sep 2, 2025 11:55am
Quoting mollick
{quote} On the way to 2nd target 3550
i was with the bulls but right now i think it may in trump speech touches there but i guess it wont stay there now and we may have a correction aat least to 3510
Triple_M
  • #445
  • Sep 2, 2025 12:11pm Sep 2, 2025 12:11pm
A re-visit to 3515 is possible
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  • #446
  • Sep 2, 2025 7:37pm Sep 2, 2025 7:37pm
Quoting thedaytrader
{quote} I am done for the day... might take another trade if it hits one of the bounce points later in the day... will write here if I do so... have a nice rest of the day...
Good Morning Everybody :-)

Yesterday in total there were 4 trades executed... +8.0 (TP) , -1.5 (SL) , -1.5 (SL) , 0.0 (Break Even)

Tally so far:

Day Date Trades Net
----- ---------- ------ -----
Day 0-20 Jul_Aug-2025 47 +23

Day 21 18-Aug-2025 3 +5.5
Day 22 19-Aug-2025 3 +2.0
Day 23 20-Aug-2025 3 -3.5
Day 24 21-Aug-2025 2 -2.0
Day 25 25-Aug-2025 3 -3.5
Day 26 26-Aug-2025 1 +3.0
Day 27 27-Aug-2025 4 -3.0
Day 28 28-Aug-2025 3 -1.5
Day 29 29-Aug-2025 2 +8.5
Day 30 01-Sep-2025 2 +6.5
Day 31 02-Sep-2025 4 +5.0

Total trades since 18-July-2025 : 77
Total profit since 18-July-2025 : 40 points

Will be back with todays trades in sometime...
Trade Like a Casino, Not a Gambler
  • #447
  • Sep 2, 2025 7:44pm Sep 2, 2025 7:44pm
Today I have 3 buy bounce points to start the day... No sell bounce point

Long Bounce Points : 3509, 3490, 3454

Lets see what movement happens today, will update when the price approaches these levels and I take a trade...
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Trade Like a Casino, Not a Gambler
  • #448
  • Sep 2, 2025 7:53pm Sep 2, 2025 7:53pm
Quoting tanibhatti
Hello guys. I have a question. I traded in gold trading since 2018. My only weakness is that whenever I experienced a loss, I quickly recovered that but after that whenever I saw the chart I opened random trade and it destroyed my account. The question is that how to take loss/profit and leave the trading for that day? I tried a lot to avoid overtrading but my mind never listen to me and opened random trade from which I lost about 600$ in a year. Good answers plz and sorry for my English.
This is something called "subconscious sabotage"... where your subconscious believes that you don't deserve to be in profit (or something of that sort)... this is often a result of childhood beliefs embedded by social environment... you will have to reprogram it by a new belief system... Try Meditation for some weeks, it will make you understand your subconscious-belief system better and then you can create strategies to change it..
Trade Like a Casino, Not a Gambler
  • #449
  • Sep 2, 2025 8:48pm Sep 2, 2025 8:48pm
Quoting mollick
{quote} On the way to 2nd target 3550
What are these targets based on ?
Trade Like a Casino, Not a Gambler
  • #450
  • Sep 2, 2025 10:31pm Sep 2, 2025 10:31pm
As GOLD break weekly and monthly high, it will go to 3600 or more....
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  • #451
  • Sep 2, 2025 10:41pm Sep 2, 2025 10:41pm
Quoting mollick
As GOLD break weekly and monthly high, it will go to 3600 or more.... {image} {image}
We would appreciate if you give the trades you take based on your analysis, at the time of taking the trade...
Trade Like a Casino, Not a Gambler
  • #452
  • Sep 2, 2025 11:49pm Sep 2, 2025 11:49pm
GOLD all position closed now. Waiting for next setup for buy. Happy trading...........
  • #453
  • Sep 3, 2025 1:38am Sep 3, 2025 1:38am
Quoting thedaytrader
Today I have 3 buy bounce points to start the day... No sell bounce point Long Bounce Points : 3509, 3490, 3454 Lets see what movement happens today, will update when the price approaches these levels and I take a trade... {image}
No action till now... and no new bounce levels... lets see the london session... there is a usd-news coming up later tonight... :-)
Trade Like a Casino, Not a Gambler
  • #454
  • Sep 3, 2025 2:34am Sep 3, 2025 2:34am
After breaking above the 3400 level, Gold has shown a steady bullish momentum. It is likely to continue rising and may reach around 3800 by the end of this month
Classroom Of Traders
  • #455
  • Sep 3, 2025 3:23am Sep 3, 2025 3:23am
Bought here targeting trendline above.
M30

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Its all just one persons opinion
  • #456
  • Sep 3, 2025 3:27am Sep 3, 2025 3:27am
Quoting thedaytrader
{quote} No action till now... and no new bounce levels... lets see the london session... there is a usd-news coming up later tonight... :-)
I am done for the day... looks like its very tight today... everybody waiting for something to happen
Will check (have alerts set up) if by chance it reaches the first bounce point for a long... otherwise will be back tmrw... have a nice rest of the day
Trade Like a Casino, Not a Gambler
  • #457
  • Sep 3, 2025 3:29am Sep 3, 2025 3:29am
Quoting axecap
Bought here targeting trendline above. {image}
Whats the entry point and stop loss ?
And what indicators are you using at the bottom ?
Trade Like a Casino, Not a Gambler
  • #458
  • Sep 3, 2025 3:32am Sep 3, 2025 3:32am
i just enter in long's with tp on 3550 but is a bit risky at this high levels,to stay above 3540 looks hard for now but will see
  • #459
  • Sep 3, 2025 3:36am Sep 3, 2025 3:36am
Quoting Dragomir6
i just enter in long's with tp on 3550 but is a bit risky at this high levels,to stay above 3540 looks hard for now but will see
Yes, looking hard... I think its better to wait for the news (in 5.5 hrs) to pick momentum....
Trade Like a Casino, Not a Gambler
  • #460
  • Sep 3, 2025 3:41am Sep 3, 2025 3:41am
Quoting thedaytrader
{quote} Whats the entry point and stop loss ? And what indicators are you using at the bottom ?
entry 3536.20
indis are macd , double stoch and nova.

no set stop at this point will set one at BE when I can or close at 3525.18 ish depending on pa.
Its all just one persons opinion
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