gjfx

I just LOST £50,000

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Thanks GBP USD :P But its ok as i was using correct risk management for my account size, In this game if you cant take a loss and dont use correct risk management you wont make it. And if a so called trader ever tells you they never loose then they are just after your money and its likely they cant trade at all but instead are working with a broker, so they get you to sign up with there broker (this is always a red flag) They then send you signals they have no idea of the outcome (guessing) Then when the trade looses the broker pays these idiots commission on the money you lost trading!

Remember a loss is not a loss but a lesson.

My bias on Gold is long term LONG, but we could see a little push down into my buy zone (yellow box) before we get more bullish moves due to economic uncertainty, so i wont be entering this trade until it hits this area.

Trade safely and if you have any questions then please message me.
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