Now when you see gold falling for 1000+ pips and you have no chance to enter, what do you feel? Pain? Regret? Stress?
You should feel nothing. And what if you close on 0 today? Remember when you had a negative day and you wanted to get close to 0? A breakeven day is still a green day. You kept your money and survivability is the key in this industry.
Gold is not going anywhere. Next year gold can trade at 2k or 10k, who knows. But will your account be here next year? I'd rather get 10 pips per day and miss all big moves if that means my account will still be here next year.
So keep calm, this is a long game.
You should feel nothing. And what if you close on 0 today? Remember when you had a negative day and you wanted to get close to 0? A breakeven day is still a green day. You kept your money and survivability is the key in this industry.
Gold is not going anywhere. Next year gold can trade at 2k or 10k, who knows. But will your account be here next year? I'd rather get 10 pips per day and miss all big moves if that means my account will still be here next year.
So keep calm, this is a long game.
XM1 All Time Return:
156.7%
13