Gold prices are consolidating with repeated wash-outs and fluctuations. Many friends are chasing longs at highs and shorts at lows, only to find themselves trapped in positions with mounting floating losses and increasingly chaotic emotions. Blind position additions and frequent reversals only cause losses to snowball and traps to deepen.
In fact, being trapped in a position isn't scary—what's truly frightening is lacking a clear strategy, missing the key to breaking free, and being afraid to cut losses without stop-losses, recklessly cutting positions indiscriminately, ultimately wasting capi
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