Gold with No Drama

Quoting SibiSh

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{quote} My advice is first learn risk management and psychology then strategy. Pick one trading style one setup and master it instead of jumping between many indicators. Practice on demo with real emotions, journal every trade and stay patient. Also avoid fake luxury traders on social media. Consistency and discipline are what make a professional day trader over time. Good luck on your journey

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Quoting Muxb7

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{quote} thank you for the advice what’s the minimum equity that I can start

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Quoting cubidut

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{quote} IMO, It's impossible to involve real emotions when using a demo account. You can pretend it's a real account with real money, but in the end, you'll realize that even if you lose $1 million, it won't matter. Use a real account and trade with the smallest possible stake. That's practice.

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Quoting Mrafi1982

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4463 is playing with us.. LOL will it break or hold?

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Quoting SibiSh

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{quote} You can start with any amount you are comfortable losing lol even $50-$200 is enough for learning. But for proper risk management in day trading around $500-$1000 is better. Most important is not the capital but your risk control and discipline. Focus more on skill than amount.

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Quoting bhavikbhadra

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i have bougth gold at 4478 level can anyone suggest the sl

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Quoting Mitiblotch

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I agree with Deal here. Having looked at the behaviour of price the past few days, I think we might have seen the high of the day. Only a solid close and hold above 4483 cam save bulls. If not, the series of lower highs we have had simply means lower prices. It is better to be realistic and trade what's in front of you thank wish. If it goes up great, but for now it looks short to me. I am not in a trade on gold yet.

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Quoting cobblecop

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Looking for a quick 1:1 scalp. {image}

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Quoting Deal

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{quote} Really not in the mood to be here... People ask how i pinpoint the levels, i explain and always appear a clown when i say green saying that i said red... Really waste of energy... I never try to predict, i never have a bias, what i can give is what i see and statistics show me day by day high probability price movements, is a completly diferent thing of what they claim i am trying to do... Don't care about candle sizes, bias whatever... What i know is the probabilities of price, not a set and forget thing... And to that happen is needed...

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Quoting Mitiblotch

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I agree with Deal here. Having looked at the behaviour of price the past few days, I think we might have seen the high of the day. Only a solid close and hold above 4483 cam save bulls. If not, the series of lower highs we have had simply means lower prices. It is better to be realistic and trade what's in front of you thank wish. If it goes up great, but for now it looks short to me. I am not in a trade on gold yet.

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Quoting jessetoye

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{quote} And the only fundamental news that could make that price get to 4480 is not out till 5 hours or less. Unemployment claims should be about 210k (My opinion) , which is going to be good for the downward movement of gold price. Just my take.

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Quoting jessetoye

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{quote} And the only fundamental news that could make that price get to 4480 is not out till 5 hours or less. Unemployment claims should be about 210k (My opinion) , which is going to be good for the downward movement of gold price. Just my take.

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Quoting Mitiblotch

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{quote} I don't know if price has any regard for traditional data these days. It simply waits for fake news from the US and Iran.

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Quoting Mitiblotch

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{quote} I don't know if price has any regard for traditional data these days. It simply waits for fake news from the US and Iran.

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