Profit never lies in seizing a particular opportunity, but in precisely avoiding risks—the first rule of trading is to survive in the market.
What truly defeats traders is often not missing out on a certain trend, but suffering deep drawdowns due to greed for unrealized gains and failure to exit in time.
Winning once in trading is not difficult; the hard part is not losing all your accumulated gains during emotional breakdowns. No one can always be right, but experts never make fatal mistakes.
Stop-loss is not failure, but the most fundamental respect for the market—only those who know how to

Brother Liang Makes Money Every Day — 12.4 Gold Morning Commentary!
Gold remains in a consolidation trend overall. Last night, after a bullish spike from the ADP report, it continued to fall back, and selling at the highs brought us a smooth three-win streak. Although gold is mainly consolidating at the moment, a deep short-term pullback is unlikely.
From a technical perspective, gold is still oscillating within a range on the 1-hour chart. Pay close attention to support around 4190 below. If the price pulls back to the 4190 support during the morning session, there may be a short-term rebound

Liang Ge Daily Profits—Gold Morning Session: Weak Oscillation, Waiting for ADP Mini-NFP!
Gold experienced another round of intense volatility yesterday. After a significant decline during the day, it saw a strong rebound in the evening, but faced obvious resistance around the 4230 level. Later at night, influenced by news, it surged again, showing an overall wide-range oscillating pattern, with the short-term trend still leaning bearish.
Tonight, the ADP "mini-NFP" data will be released. Given that this week's NFP data has been delayed, the impact of this ADP release may be even more significa