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r/wallstreetbets • … • u/im_lost_in_reddits

I made it!!!

After 2 years of starting over, I finally managed to get back what I lost with x5 times the profit above my starting budget, I'm not super rich, my started budget wasn't from my personal money, I was lucky enough to get such support budget twice, the first time was a failure, but in fact, it was more a major step to learn and adapt from my past trading mistakes, in terms of technical analysis skills, investment calendar and analyzing news skill to finally maintained a solid psychological mindset in the opening, holding and closing positions. So I'm here after a few days of processing what I have achieved, I'm finally in the mental calmness to explain my long humble intentive journey **Top 3 markets I trade** 1-XAUUSD 2-NZDUSD 3-USDJPY

*Why XAUUSD?*

First: gold is quoted at a uniform price, people in any part of the world see the same price, fair trading

Second: Gold has been traded for a long time, it first originated in London, England, and has been trading for over 100 years

Thirdly, the price of gold is relatively stable, it is regular, and the price of gold is affected by fixed factors, such as macroeconomics, related products, geopolitics, war, supply and demand, inflation, and central bank interest rates, etc.

Fourth: Gold trading rules are flexible, you can trade in both directions, set a stop loss to control the risk, long trading hours, and almost all day trading, to meet the investment needs of anyone at any time

Fifth: the number of people engaged in gold trading in the world is large, a daily turnover of several trillion, resulting in large institutions can not operate the market, very fair to small and medium investors

Sixth: Gold itself is a commodity, it has value, no matter how extreme the situation is, the value will never fall to zero like a stock or even delisted

Seventh: Gold has an excellent safe-haven function, gold is common worldwide

Eighth: The cost of gold trading is low, and most trading platforms are leveraged, so you can make a big profit with a small amount of money.

Applying your advanced technical analysis on the market will be your no.1 guardian for this market, the more you trade on XAUUSD, The more you trade in this market the more you will absorb and have a deep understanding of its pattern, No.2 guardian will differently be the investment calendars, here is the NO.1 event you should always keep in your mind

**Nonfarm Payrolls Of USA**

If anyone needs the first Technical analysis source I was learning from, ask me and I will send it to you.

![img](5a6xibg8uaj91)

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