Caught the bounce from $4,500 to the $4,670s in the premium. Members still in. Trump posted "Great Progress" on Iran peace.
Free telegram + premium in bio @vktradings#gold#xauusd#goldtrader#fomc#trading
ADP, NFP, Michigan inflation, CPI. Four major data prints stacked this week. One bad entry early and the week is over. Levels and execution plan already posted inside.
Free telegram + premium in bio @vktradings#gold#xauusd#goldtrader#fomc#trading
Three storms. Twelve days. Gold sitting at one-month lows in the eye of all of it. NFP, CPI, and Warsh taking over as Fed chair. The market hasn't priced any of it in. The break is coming.
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ONCE YOU UNDERSTAND THIS, EVERYTHING CHANGES.
THE LAST TWO GOLD SWING BOUNCES GENERATED ROUGHLY 2,000 PIPS NET EACH. BOTH PROVIDED THREE CLEAR OPPORTUNITIES TO SCALE INTO BUYS. THAT’S ABOUT 4,000 PIPS PER SWING — TWICE IN ONE MONTH — ROUGHLY 8,000 PIPS TOTAL.
IF YOU STAYED PATIENT, EXECUTED PROPERLY, CONTROLLED YOUR EMOTIONS, AND RESPECTED THE PLAN, EVEN WITH JUST 0.10 LOTS, THAT’S AROUND $8,000 USD GROSS.
TAKE OUT COMMISSIONS, SWAP FEES, AND EXECUTION MISTAKES. LET’S BE CONSERVATIVE AND ASSUME YOU CAPTURED ONLY 50% OF THAT MOVE.
YOU STILL WALK AWAY WITH ROUGHLY $4,000 NET.
THAT’S FROM TWO SWING BUYS.
IN ONE MONTH.
WITH 0.10 LOTS.
AND ONLY HALF THE AVAILABLE MOVE.
THINK ABOUT THAT.
MOST PEOPLE DON’T FAIL BECAUSE OF STRATEGY. THEY FAIL BECAUSE OF DISCIPLINE. THEY CAN’T FOLLOW A PLAN LONG ENOUGH TO LET EDGE COMPOUND.
THAT’S WHY I’VE SHARED HUNDREDS OF RESEARCH BREAKDOWNS AND VOICE NOTES — NOT TO HYPE YOU UP, BUT TO TRAIN YOUR THINKING.
YOU BUILD CONFIDENCE BY EXECUTING THE PLAN REPEATEDLY.
YOU BUILD RESILIENCE BY SITTING THROUGH DRAWDOWNS.
YOU BUILD SKILL BY SURVIVING STOP-OUTS WITHOUT BREAKING YOUR RULES.
THIS IS THE JOB.
IF YOU STAY COMFORTABLE, AVOID RISK, OR KEEP HOPPING BETWEEN STRATEGIES LOOKING FOR SHORTCUTS, YOU’LL WASTE YEARS AND EVENTUALLY QUIT.
THE NEXT 4–6 YEARS WILL LIKELY BE ONE OF THE MOST HISTORIC MARKET CYCLES OF OUR LIFETIME.
THE OPPORTUNITY IS THERE.
THE ONLY QUESTION IS WHETHER YOU’RE DISCIPLINED ENOUGH TO TAKE IT.
@bestplayeratlas no one should aim for a certain dollar amount a day if you see your setup, take it. Maybe you make $800 today but lose $400 tomorrow as the market may not show you the same opportunity today as tomorrow.