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Today morning I reviewed yesterday. The short position at that 655 level last night was too regrettable. I knew it would drop—stop-loss would hit me, and I would continue opening. At that time I was training Lao Wang, and I was still saying the probability of getting stopped out by me wasn’t big. As long as it hit my stop-loss, I would keep opening. That’s where I could capture the short.
After training for a while, I took a quick look—my stop-loss had been hit, and then it kept dropping. So regrettable. It dropped, but I’d already missed the best opportunity. I didn’t open anymore.
After reviewing, I knew that short would definitely be profitable. If I miss it, I miss it—but there will be more chances, because my judgment wasn’t wrong. My trading system is fine, and then I can keep making profits.
I didn’t do BTC. I waited a bit, then re-entered a long in gold. Let’s see if gold can deliver gains tonight.
First, keep training—do fewer trades during training.
$BTC $XAU