Hey Guys I would love to know what your longest Hold
What pair was it ?
How long was the hold?
Was it a Sell or Buy hold?
How much profit did you earn
Or loss it you finally let it good
The reason I’m asking I got a hold on Gold and I’m praying it will go back up . or do you think I should let it go. Thanks for all replies love you guys
Oh totally. I holding Gold and I don’t think I like been a holder right now. Lol, that’s why I made the post . Wanna pick brains today lol thanks for the reply friend
No. Daughter wanted to watch TV with me. Well, not much to tell. Emtered what I thought would be day trade. Went the weing way, but just kept chasing, biut wventually got so far away had to close it down. Lost about £3K or somerhing.
Use that time to your advantage somehow!! Don’t let it go to waste!
What kind of analysis do you use? Fundamental? Technical? A mix? What’s your data telling you?
As for me, my longest hold was a few weeks, and I closed at a loss. Of course, not long after, it went back up. It wasn’t a big loss, but I had a profit and watched it go to zero. It was my beloved USD/DKK.
I’m on demo mode and bought Gold last week. And it’s Thanking right now. But I’m still in like my learning stages. I’m trying to do a mixture of both analysis. And thanks for answering ng my question. Lol. This trade is a learning experience hahaha haha
To be honest with you I just feel like it’s gonna go back up I mean is Gould is a precious metal so I’m just holding it and using this as a learning experience
To answer your Gold question, I don’t know what’s going to happen to Gold. Currently it is in a downward trend because the USD is being hyped up as being strong, inflation is manageable etc etc.
I used hyped up because, IMO, we are in bearish markets and until the war in Ukraine is settled market uncertainty is rife.
When I was young I bought a UK TV channel stock (ITV) and held it for about twenty years. Made a small profit on it.
It happened friend, but my demo account expired for me to feel my hold success, but know that it did what I needed felt good. I woke up and it hit that I was like wait what happened lol