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This morning, I directly started with long positions, and gold kept rising to 4500 before I took action. As the market top signals became increasingly clear, I immediately reversed and went short, ultimately successfully earning a profit of $7600.
To be honest, there is no such thing as perfect trading in the market. Wrongly judging the direction is not really the problem; the real issue lies in mentality—some people know they are losing but still hold on stubbornly, always hoping for a rebound to recover their losses. This kind of luck-based mentality is the most dangerous. The recent $ETH market is a typical example; if you don’t understand, you must dare to cut losses. This is the fundamental skill to survive long-term in the market.