Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
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Demo Trading
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Launch
CandyDrop
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Launchpool
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HODLer Airdrop
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Pre-IPOs
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Alpha Points
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Futures Points
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How to successfully trade gold: insights and experiences
1. Observe the trend: grasp the overall market condition by looking at the hourly chart to determine whether it's bearish or bullish.
2. Check the 15-minute and 5-minute charts to identify short-term support levels. Use the 1-minute chart to observe the price movement.
3. Avoid chasing after long or short positions.
4. Take profits when the opportunity arises; focus on ultra-short-term gains.
5. Do not hold onto losing positions blindly; set take-profit and stop-loss levels.
6. When the trend and entry points are favorable, reduce your position size to lock in profits. Set a break-even stop-loss to protect your capital.
If anyone has better suggestions, let's discuss together.