Gold prices climb toward highest finish in a week
Price are moving in a channell & are in a major Resistance key level...
Price was making a impulsive movie to the upside ,now price are making a correction... Price are currently moving through a 15min depending wedge... When price break & close above the counter trendline line ...price are likely to continue to the upside ...
Price retest the broken channel...
-Price are moving between support & resistance -price are also moving in symmetrical triangle... A symmetrical triangle is where price forms LH & HL... A symmetrical triangle indicates that price can breakout to the upside or downside..
The goal of a successful trader is to make the best trades. Money is secondary.
Losses are necessary, as long as they are associated with a technique to help you learn from them.
In investing, what is comfortable is rarely profitable
We don’t have to be smarter than the rest. We have to be more disciplined that the rest
It’s not what we do once in a while that shapes our lives. It’s what we do consistently.
There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.
In this business, if you are good, you are right 6 times out of 10. You will never be right 9 times out of 10.
Do not anticipate and move without market confirmation - being a little late in your trade is your insurance that you are right or wrong.
Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.
It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.