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Kaka666

Brothers, are there any good take-profit methods for trading gold? I want to optimize my take-profit. $XAUUSD

XAUUSD1.23%
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DaoSidequester
· 25m ago
I generally use a trailing stop profit, and if it falls below the previous low, I exit. I don't be greedy.
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SweepTheFloor
· 55m ago
Recently, the dollar trend has been fluctuating. For taking profits, it's best to keep an eye on U.S. Treasury yields and Fed speeches, and stay alert beyond technical analysis.
View OriginalReply0
StargazingWithAMirroredSphere
· 2h ago
You can try taking profits in batches, leave some positions to bet on trend continuation, your mentality will be much more stable.
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20KTo20K
· 2h ago
You’ve done very well with your take-profit strategy; simplicity is the ultimate sophistication—persisting in the logic that makes you money is the best approach.
My conclusion is that trying to optimize your original system often leads to losses and deviates from your initial profitable model.
You must strictly follow your own trading principles, absolutely avoid emotions, don’t get carried away, cut losses when needed, and execute everything according to your pre-trade plan—then you will definitely profit.
Keep going, keep going, keep going.
I’m a trader too, and our trading principles are very similar.
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HavingMoreMoneyMeansHavingMore
· 2h ago
Bro, you secretly make money when you're not leading trades.
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