Premium Only Content

Psychology and Patience: Navigating Gold Trades After a Break|06-05-2024| #xauusd #forextrading
Join me in my fifth video as I delve into the importance of psychology and patience in forex trading, following a week-long hiatus from the market. After dedicating time to refine my mindset and observe market movements, I identified a promising trade setup in gold on May 6th, 2024.
Despite waiting for the opportune moment to enter the trade from my real account, the market moved swiftly, leaving me unable to execute my plan. After an hour of deliberation, I opted for a paper trade to avoid FOMO (Fear of Missing Out) and lacking confidence in my decision-making.
Initially, the paper trade showed promise, edging into profit territory. However, the absence of a concrete target led to hesitation, and ultimately, the trade reversed, hitting the stop-loss. As I reflect on this experience in the video, I highlight the importance of discipline and sticking to a predefined trading strategy.
Moreover, I share insights into a missed opportunity later in the day. Around 5:30 p.m., I predicted that there was a chance of an upward movement around 6 p.m. However, due to prior commitments and the lack of internet access on my phone, I refrained from taking the trade. Upon returning home and reviewing the charts, I observed that the market indeed rallied around 6 p.m., validating my analysis. Join me as I dissect the psychology behind trading decisions and the lessons learned from this eventful day in the forex market.
#ForexTrading #TradingPsychology #PatienceInTrading #ForexLessons #MarketAnalysis #xauusd #goldtrading #GoldTrades #youngesttrader
-
LIVE
Wendy Bell Radio
6 hours agoNo One Is Above The Law
9,831 watching -
LIVE
LFA TV
13 hours agoLFA TV ALL DAY STREAM - THURSDAY 7/24/25
3,704 watching -
LIVE
StoneMountain64
42 minutes agoBattlefield 6 Trailer REVEAL
96 watching -
34:19
The Official Corbett Report Rumble Channel
11 hours agoThe Blueprint for AI Government Revealed with Jacob Nordangård
1.7K7 -
LIVE
LumpyPotatoX2
1 hour agoOFF THE GRID + OpenSeas Release - #RumbleGaming
192 watching -
1:21:47
JULIE GREEN MINISTRIES
3 hours agoUNPRECEDENTED MOVES ARE BEING MADE TO BRING BACK THE GOLD STANDARD IN THIS NATION
100K133 -
LIVE
PudgeTV
10 hours ago🟠Gaming on Rumble | Star Wars Battlefront 2
73 watching -
LIVE
Pepkilla
52 minutes agoWatch Party BO6 Esports Word CUP
40 watching -
1:26:49
Chicks On The Right
4 hours agoKohlberger gets BLASTED, Macrons sue Candace, Tulsi goes after Obama, and more on Epstein files
19.3K -
DVR
Welcome to the Rebellion Podcast
13 hours ago $0.60 earnedI Feel Fine - WTTR Podcast Live 7/24
11.8K1