GOLD, Gold and XAUUSD - page 124

 
mvf358 #:
The only sound logic for a trader to make a profit: 1+1=1, for as long as the current financial system remains in place.

No, that’s not right

0.5+0.5=1.0

I’ve already written about this and spent a fair bit of time working on it

Now, Formula No. 2:

0.33 + 0.33 + 0.33 = 1.0

;)

 
Renat Akhtyamov #:
0.33 + 0.33 + 0.33 = 1.0
0.33 + 0.33 + 0.33 = 0.33
 
In the autumn of 2025, I won a Forex competition and received $50. I started trading with 0.01 lots and immediately lost $17 on a short position. As it turned out later, that was the absolute bottom of the market; after that, the price only went up, rising by 170,000 pips in three months. I switched to a long position and exited quickly. This was followed by a string of unsuccessful trades that wiped out my deposit. Had I held the position for two months, I would have made a profit of $620. Had I held it for three months, it would have been $1,600. What a shame!
 
Satan Claws #:
What a shame!
Evaluating opportunity cost after a trade is closed makes no sense, because we don’t know the future. The only thing that matters is assessing the quality of the exit: did I do everything according to my rules when closing the trade?
 
AxelQuant #:
There is no point in assessing the opportunity cost after a trade has been closed, because we do not know the future. The only thing that matters is assessing the quality of the exit: did I do everything in accordance with my own rules when closing the trade?
Of course, not everything went according to the rules. I should have held on for the long term, but I held on for the short term
 
Three years trading XAUUSD has taught me that Gold respects structure more than any other asset but punishes lazy entries harder too. The biggest edge I found was session filtering — Gold behaves completely differently in Asian session vs London vs New York. Most EAs I tested failed because they traded all sessions equally
 
Imoro Abdul-rahaman the Asian, London and New York sessions. Most of the expert advisors I tested failed because they traded in the same way across all sessions
And how does gold’s behaviour differ across the sessions, based on your observations?
 
Satan Claws #:
but I held on for the short term
It's great that you're reflecting on your mistakes. Here’s a little secret to protecting yourself from premature exits: only close the trade when the previous extreme is broken. As long as the price remains in its shadow, just wait.
 
mvf358 #:
And how does gold’s behaviour differ across the sessions?
Gold almost stalls during the Asian session. I suspect that New Yorkers and Londoners hedge the DXY index and/or U.S. Treasuries with gold. If you slap a DXY indicator on your gold chart, it's like gold is looking in the mirror─heavy inverse correlation.
 
Looking at present geo politics it seems very difficult that gold will continue the rally it was doing before.