Gold has been on an impressive run lately, and I'm thrilled to let you know that I've been on a winning streak.
This isn't just luck; it's the result of carefully planned trades.
The Gold Rush Continues
In fact, I shared an email and video about this gold trade just last week.
But it's important to recognize that when you're on a streak like this, it's a critical moment to exercise caution.
Your mindset plays a significant role during such times.
The Challenge of Overconfidence
Overconfidence can lead to hasty and unwise decisions, which we want to avoid. To mitigate this risk, I recommend taking some profits off the table.
Securing Your Gains
Here's a simple strategy to consider:
- Take some profits off the table.
- Ensure you don't lose the profits you've worked hard to gain.
Here's an image that illustrates my recent winning streak:
A Reminder to Stay Cautious
Remember, while it's great to celebrate your successes, it's equally important to stay disciplined and mindful of the market's unpredictability.
Heading 6: Let's Keep Trading Wisely
Let's continue to trade wisely and make the most of this remarkable trend in the gold market.
If you have problem with discipline, remember to read yesterday's email.
Being on a winning streak is a great place to be, but it can turn into disaster. I have made that mistake so many times I am putting this warning out there, so you don't have to experience feeling like a fool giving back all the profits from a great winning streak.
To Your Trading Success,
BTW: I am taking a great short trade on GBPAUD but only a small amount because waiting to see what happens after tomorrows CPI data.
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