COCONUTRX0914

Simple play this week

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
I'm feeling optimistic despite the 10% loss on my account last week. I won too many trades and forgot to implement my losing strategy, but this experience has taught me an important lesson about the importance of risk management.

Moving forward, I'm committed to sticking to my trading plan and implementing effective risk management strategies to minimize the risk of future losses. I know that with discipline and consistency, I can improve the overall performance of my account and achieve success in the markets.

As for my long-term forecast for XAUGOLD, I plan to take a short position to the 1784 price. I understand that XAUGOLD can be unpredictable, but I'm confident in my ability to conduct thorough analysis and use reliable technical and fundamental analysis tools to make informed trading decisions.

Despite the challenges of trading, I'm maintaining a positive mindset and viewing this experience as an opportunity for growth and development as a trader. I'm committed to learning from my mistakes and using them to become a better trader in the future.

I know that trading can be unpredictable, and losses are a part of the journey. However, I'm confident in my abilities, and I'm looking forward to the opportunities for growth and success that lie ahead.

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