I started the morning by directly setting up long positions. Gold rallied all the way to 4500 and I took profits. As the market showed increasingly clear topside signals, I immediately reversed to short positions and smoothly captured a $7,600 profit.
To be honest, there's no such thing as perfect trading in the market. Making wrong directional calls isn't really the issue—the real problem lies in mindset. Some people know they're losing but stubbornly hold on, always hoping for a reversal to break even. This kind of wishful thinking is the most dangerous. $ETH's recent move is a textbook example. If you don't understand it, you have to be brave enough to cut losses. That's the fundamental skill for surviving long-term in the market.
I started the morning by directly setting up long positions. Gold rallied all the way to 4500 and I took profits. As the market showed increasingly clear topside signals, I immediately reversed to short positions and smoothly captured a $7,600 profit.
To be honest, there's no such thing as perfect trading in the market. Making wrong directional calls isn't really the issue—the real problem lies in mindset. Some people know they're losing but stubbornly hold on, always hoping for a reversal to break even. This kind of wishful thinking is the most dangerous. $ETH's recent move is a textbook example. If you don't understand it, you have to be brave enough to cut losses. That's the fundamental skill for surviving long-term in the market.