in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
So far, I’m only up 1.19% for the year. Considering the major market selloff, I feel like I’ve held up decently well. S&P500 YTD is down about 11%.
For those willing to share, how are you doing this year so far?
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Gold Daily Chart update:
One of the strongest 2 day rallies we've seen in years on gold...
Price ripping as global trade uncertainty remains high, and inflation data came in cool this morning from the US.
Rate cuts + economic uncertainty = gold sweet spot!
Stops trailed in profit in VIP 🤝
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tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
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I am personally having the biggest daily gain in my trading career so far. I'm long gold, and a handful of tech stocks I've been buying in this recent selloff.
Granted, I have been in a rough drawdown the last few weeks, but this is a good reminder that if you have done your homework, backtesting, and proper risk management...
Stick to your system, ignore the negativity (even when it gets loudest), and never give up!
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Gold absolutely ripping! 📈
EdgeFinder Bullish score confirmation + key support level hit = 🔥
China may be in the process of dumping US treasuries, and aggressively buying more gold...
USD uncertainty is high.
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"Because of Trump my portfolio tanked" or "Biden's inflation caused my account to blow" are both terrible takes.
Thinking like this will routinely keep you blowing accounts.
Great traders take 100% responsibility of everything that happens in their account.
Losing traders are constantly blaming the next disaster for why they aren't profitable this year.
Rain or shine, red or blue, war or peace, your account is on you.
Take ownership, be strong!
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As a trader, today is a day to focus on relative strength, and stand clear of the selloff. I'm focused on things moving strong - like Yen, bonds, and gold.
As an investor... today is a day I plug my nose and buy stocks I like for the long term.
Buy low - sell high is easier said than done because of days like this.
It's HARD to buy when the world looks like its ending.
"I'll just wait until it goes lower" are often the last words before missing a dip.
Then it rallies, and it turns into:
"I'll wait for a dip..."
Then before you know it, people are buying high and selling low again.
Everyone wants to buy stocks when they're up, and there's no one at the auction when they are on sale.
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Why do traders invest so much time watching content from people that have never proved real trading results?
It's frightening how many notable traders on socials have no form of verified results.
Would you learn how to start a business from someone who has no track record of doing so?
Be very careful who you watch. It can set you back, and cost you big.
My hot take: traders that can't show any long term results, but sell something / make money from ad revenue are a serious red flag.
Do yourself a favor: only learn from verified traders.
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Trading LIVE, 9:30 AM EST M-F! Founder @A1Trading Software Tools
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