Gold Gold Daily Video, January 26, 2022

[Sive Morten]

Good morning,

1852$ target has been reached. Now gold has to stay above 1835-1838$ support to hold short-term bullish context and aiming on the next 1860$ destination point:

 

[netbusinessman]

hi sive sir i was reading article regarding lossess and draw down, have a look please i attached PDF file ,

like this managing risk is good or what you suggest,

also 8 trade losses in a row possible if we are trading on daily or H4 time frame, do you ever face this experience during your last years trading.

 

[Sive Morten]

hi sive sir i was reading article regarding lossess and draw down, have a look please i attached PDF file ,

like this managing risk is good or what you suggest,

also 8 trade losses in a row possible if we are trading on daily or H4 time frame, do you ever face this experience during your last years trading.

Yes, there are good advices in the article. I would add to take some rest if you have a consequent loss chain. And, in general rest 1-2 weeks every 3-5 weeks of trading. We cover this subject a long time ago here:

Risk Management Framework - Complete Forex Trading Education

Now the time has come to shed some light on risk management. We very often have mentioned this topic with different chapters across the school but never talked about it in detail. Now will try to fill this gap.

www.forexpeacearmy.com

Also you could check few chapters around...

 

[Davidovic]

Excellent Sive

 

[HeavenLeighRob]

Thanks for posting

 

[blareblare20]

Worth it to read! Thank a lot for sharing this.