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Riding the Gold Wave: How a Disciplined Trader Climbed to the Top 19 With a Simple Trend Strategy
Total Trades: 51 Won trades: 48 Loss trades: 3 Break Even trades: 0 Win rate: 94.12% Average gain on wins: $3.11 Average loss on losses: -$30.34 Biggest Win: $95.20 (XAUUSD) Biggest Loss: -$45.15 (XAUUSD) Trade Direction: 50 Buys/Longs & 1 Sell/Short (98.04% of all his traders are Buys/Longs) Fastest Trade: Less than a Minute…
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Trend Timing and Price Action Trading Strategy
In today’s trader spotlight, I’m going to make a short overview of a similar styled trader like King Yeung Wong under the alias of Chenyi Zhou who landed the 13th position overall in the ongoing Tradingcup Leaderboard despite being inactive. Chenyi reminds me of Prawin and Weiii Xau for mostly trading Gold only. Trading Statistics…
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The Dangers in Fighting a Market Trend: Things We Can Learn From Tradingcup Gold Trader
In today’s blog, I’m going to talk about a certain Tradingcup’s participant who ranked 198 based on platform’s MMR system. His name is Prawin and traded Gold only from June 29, 2023 to November 15, 2023. That’s approximately 139 days. XAUUSD MT5 Weekly Chart Within this period, he grew his portfolio to over 500% gains.…