The most crucial step in trading is to make a trading decision. Many other factors and trading rules must be considered before execution of gold trades. The key to success is proper money and risk management. Making gold trading decision in a live account is another difficult aspect of trading. Some analysts can do an excellent job analyzing the market, but they can’t execute the trade properly in the account, resulting in a loss. One part is analyzing the market, and another is putting the signals into action. As a result, we’ve simplified some of the complexities for premium members, with signal strength advice.
Note: We stopped sending signal strength after the huge volatility from Covid-19 crisis.
We conduct a thorough market analysis using simple methods. Signal direction is determined with sensible stops in order to make gold trading decision. We rate the signal’s strength after it has been identified. Trading should always be done in a disciplined manner. If the signal is confirmed, we cannot take too many positions at once. Because the confirmed signal does not mean 100% move to expected direction. There are no market confirmations because anything can happen at any time. If one’s trading rules suggest a maximum loss of 4% per trade, then never break the 4% per trade rule by taking too many positions. In markets, there are no guarantees, only odds. We must always exercise proper discipline and financial management. We prefer a risk of 4% per trade, but that risk must be calculated based on number of positions and market volatility.