Trading will make you a millionaire.

Money will flow.

But Skill first

Sometimes the smaller trading wins are more important and valuable than going for the big move, especially when you’re in drawdown or trying to build confidence.

There’s so many times where I gave up big trades for smaller profits because I haven’t been able to find consistency or build a cushion. Seeing that green on my screen 2-3 days at a time has helped during those times.

Could I have made more if I held? Sure. But the risk of hitting drawdown during those times are 100x worse than leaving some money on the table

#trading #money

#xauusd
Resistance: 3300, 3311
Support: 3285, 3255, 3246

Consolidation below 3285-3300 may trigger a further decline to 3255, and the market may then see a correction.

If the gold price reverses the short trend and successfully strengthens above 3311, it can be considered for buying.
#gold #fx