Hello, friends!
The second week I can not please you — this TP recorded a loss in -59%
My market expectations turned out to be wrong, because of what the first loss was received and part of the investors withdrew 20% investment. In this connection, to cover losses, I could not operate with the same volumes and I had to use XAUUSD in trading, as a tool requiring less volumes and, respectively, with lower commission costs.
XAUUSD will remain in my working set.
Gold according to my opinion will go out of range 1308-1326 and will pass 40-60 dollars in the direction of the breakout. However, the breakout can be in any direction. — надо смотреть на текущий schedule. False signals on the sawtooth drive contributed to, that I re-entered multidirectional trades several times and flew them at a loss.
No breakout happened this week.
All in all, we can hardly expect a trend next week on the eve of Independence Day. I need to earn more now 100% профита, to recover losses and return to normal trading.
I will rest on the weekend and develop a rescue plan.. Obviously, that for the last two weeks I have followed an ineffective trading strategy and it makes no sense to continue in the same spirit. Most likely the reason is the desire to take significant profits in one fell swoop., and ignoring the current profit for the sake of «pie in the sky». Think, I can handle it next week.
I also don't try to hit my account, gone negative. Everything, what worries me — recovery of investor funds. I don't want to let people down. Last week I promised for 1-2 TP recover losses, so let's summarize the results in a week.
Great weekend to everyone.
