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Gold
One platform for global traditional assets
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Trade European-style vanilla options
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Today is the seventh trading day, and the account is still at a new high, but yesterday experienced a 72% drawdown. I reflected on myself and wondered why I made my first gold trade, and considering the position size, I thought it was similar to the US stock market—that is, I increased the position size a bit more because I am more familiar with US stocks. The result was almost close to a margin call, so this post is to warn myself to be very careful, cautious, and prudent. Every new product should not have a position exceeding 1%. Keep going, brothers! We need to stand out!!!✊✊✊