One Month of Gold Trading Insights:

1. When I first started trading, I focused on ultra-short-term trades, one minute, every thirty seconds a trade. Later, I realized that playing this way, during major market moves, I earned little when I made profits and lost big when I lost, spending a lot of effort in a day and not making much money.

2. Range-bound markets are the easiest to trade. They often occur during the Asian and European trading sessions. Range-bound trading is relatively easier, with new lows opening long and new highs opening short.

3. The third type of market condition is catching the second retracement or second test of support/resistance. These often occur during the US trading session and are harder to grasp, requiring initial K-line analysis and research from various angles. This approach can often seize a big market move. It should be distinguished from the range-bound market.

4. Although most of this month I made profits, there were many instances where I started with very small positions, and when I realized I was losing, I would open large positions to try to recover, eager to break even. Even though I eventually made money, I must firmly stop this behavior in the future.