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Trading Summary
March 11 Gold Trading Summary: Today's operations focus on Xiao Liu, with other students also participating simultaneously. In the morning, Xiao Liu's long position entered yesterday was not exited in time, resulting in a trapped position. We added a small position at a lower price to reduce the average cost. When the price rebounded to around 5220, we successfully exited to cut losses, resolving the early morning passive situation.
In the morning, the strategy was to maintain a low-long approach, but the market's lows continued to decline, forming a clear downward channel. After stopping out two long positions at noon, we promptly adjusted our direction, shifting to mainly short positions with some long positions as a supplement. In the afternoon, we followed the trend and positioned accordingly, with accurate directional judgment.
After a full day of trading, we ultimately achieved a net profit of approximately $4690. Trading is about knowing when to correct mistakes and follow the trend. When the direction is right, profits naturally fall into the bag steadily.