Rebound in Trading Volume; Divergent Strategies Highlight Rational Decision-Making Need
All the best trading leader gather in our community! Let's review their trading dynamics in last week!
Trading Leader Performance
Review
KONGFU66
【KONGFU66】made a profit of $1,149 with 12 attempts in a single week and a 75% win rate. He was one step away from 【xauusd07】, and therefore ranked second in this week's earnings.
xauusd07
【xauusd07】 successfully earned $1,217 with 9 attempts in a single week and a 78% win rate, becoming our 【Profit Star】 of this week.
Snow
【Snow】had a bad start, with 20 shots in a single week and only a 35% win rate. He lost $873, making him the worst performer of the week.
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Trading Review
This week's performance was full of highlights. First of all, everyone's enthusiasm for trading is gradually returning, and this week's trading volume has increased significantly compared to last week. However, there are large differences among market participants in terms of product direction, such as this week's top-ranked player [xauusd07] and the bottom-ranked player [Snow]. Although they are both trading gold, their trading strategies are completely different.
[xauusd07] conducted a total of 9 transactions this week, of which 5 were long and 4 were short. This shows that when faced with the market where gold prices hit new highs, the player did not blindly chase high prices, but instead chose a more flexible two-way operation strategy. In contrast, [Snow]'s operating style is quite different. Among his 20 transactions, 17 were long and only 3 were short, showing his strong desire to chase high and go long.
This completely different trading style fully highlights the impact of the contestants' personal subjective judgment on their trading decisions when facing market conditions. [Snow]’s excessive pursuit of high prices is likely to be the main reason for its losses. This also reminds us that we should avoid over-reliance on personal subjective judgment during the trading process, but instead combine market trends and our own strategies to make more rational decisions.
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