Trading

Day 8 of my trading challenge is finished. Today I was able to take a total of 7 positions. Most of them ended with small profits, with only one very small loss. Overall, the day still ended clearly positive.

Gold once again showed how important proper position management is. The market can be very volatile, and even small price movements can decide whether a position has room to continue or gets closed too early.

For tomorrow, I plan to revise my signal bot. At the moment, the bot sometimes moves the stop-loss too quickly. In a volatile market like gold, this can close positions too early. Tomorrow I will manage the signals from the Telegram group manually again to keep better control over the process.