2015 is where i will be setting TP on my last open gold position, i entered the trade at 1960 and have already closed 1 trade deep in profit.
2015 comes in the way of good old support turned resistance so this seems fitting to place my TP here, now in the long run i think gold will break this level but trading is all about patience and Not been GREEDY! If you don't have both of these attributes then you might as well stop trading now as you will save yourself a lot of heartbreak, money and relationships! I have broke relationships with many people through trading, family and partners have felt the wrath in the way of losing trades as i would lose a trade feel like sh@t and take it out on the people closest to me... Safe to say they soon got tired of it and walked out my life. Now as much as i regret the people walking away it also taught me a lesson and made me learn very quickly what i was doing wrong in the markets, so in a way its a blessing in disguise.. Sometimes you have to go through hell to get to where you want to be.
Has anything like this ever happened to you?
Also if you would like to know anymore about trading or my simple approach just send me a private message.
2015 comes in the way of good old support turned resistance so this seems fitting to place my TP here, now in the long run i think gold will break this level but trading is all about patience and Not been GREEDY! If you don't have both of these attributes then you might as well stop trading now as you will save yourself a lot of heartbreak, money and relationships! I have broke relationships with many people through trading, family and partners have felt the wrath in the way of losing trades as i would lose a trade feel like sh@t and take it out on the people closest to me... Safe to say they soon got tired of it and walked out my life. Now as much as i regret the people walking away it also taught me a lesson and made me learn very quickly what i was doing wrong in the markets, so in a way its a blessing in disguise.. Sometimes you have to go through hell to get to where you want to be.
Has anything like this ever happened to you?
Also if you would like to know anymore about trading or my simple approach just send me a private message.