Thank you to the fans who have been following me all this time. It’s been more than a month since the last update, and during this period I’ve been thinking about whether gold is really something you can trade. Let me share the lessons I’ve drawn from it:



1. The gold multiplier is too high and the volatility is too great. If you have a large principal, it’s still manageable; but if your principal is small, one move can wipe you out—so you can only treat it as a one-time lottery. If you keep trading on here, the final outcome will definitely be liquidation. Time will prove everything. This is pure gambling.

2. Reflecting on the trading approach—namely, improving the trading system. Even though the previous trading system didn’t have too many problems, since the end result was liquidation, the trading itself has issues. I’ve also done a post-trade review and reflection before, and the plan is to keep improving on the existing foundation.

3. Recently, I’ve been studying the trading models of other excellent traders, and I’ve learned some good trading habits from them.

4. Raising the principal and starting over. Since the capital isn’t much, I’ll prioritize trading BTC and ETH first. If there’s more funds later, I’ll trade gold as well. For BTC/ETH trading, follow “Lao Li’s Daily Trading Routine.”
PAXG0.14%
BTC0.33%
ETH-0.83%
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OldLi'sGoldenDailyLife
· 06-09 07:29
Correction: It should be "Old Li's trading diary."
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