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The day before yesterday, an aunt downstairs asked me how I could always see my house lights on until three or four in the morning. I didn’t want to admit I was trading cryptocurrencies, so I said I was trading US stocks. The aunt said, "Come help me look at this stock." I said I didn’t know how. The aunt said, "That’s impossible. The candlestick patterns all look the same, and it’s impossible for the Bollinger Bands and RSI indicators in A-shares to be different from those in US stocks. It’s also impossible for a small duck head to be called a duck domestically and a big goose abroad. Nothing changes, but the essence remains the same."
When the aunt said, "Nothing changes, but the essence remains the same," I realized something, folks. The same technical analysis that works on Bitcoin can be used with 500 times leverage on gold, transferring margin from your bank account. What’s the difference between 500x leverage and 1x or 2x? It’s like the difference between trading with a 1% light position on futures and trading spot—aren’t they the same thing?
It’s not difficult. You can trade gold with 500x leverage too. I’ve tested it personally, and it works. But you can’t get real-time signals, which is quite annoying.