Gold minds γ€½οΈπŸŒŽVIP @goldmindsplus Channel on Telegram

Gold minds γ€½οΈπŸŒŽVIP

@goldmindsplus


It is very important to read the Characteristics and Risks of Standardized Options that available at the following link. CFTC Rule 4.41 CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE

Gold minds VIP (English)

Welcome to Gold minds VIP, where financial enthusiasts come together to discuss and analyze the world of investing and trading. Our channel provides valuable insights, tips, and resources for those looking to take their investment game to the next level. Who are we? Gold minds VIP is a community of like-minded individuals who are passionate about the financial markets. Whether you're a beginner looking to learn the ropes or an experienced trader seeking new strategies, our channel has something for everyone. What do we offer? Our channel offers a wealth of information on various investment opportunities, market trends, and trading strategies. From stocks to cryptocurrencies, our experts cover it all. We also provide educational resources and analysis to help our members make informed decisions. It is important to note that we adhere to strict guidelines and regulations to ensure the safety and security of our members. We urge all participants to read the Characteristics and Risks of Standardized Options available at the following link. Join us at Gold minds VIP and unlock the secrets to successful investing. Let's navigate the financial world together and turn our dreams of financial freedom into reality. See you on the inside! πŸŒŽγ€½οΈ

Gold minds γ€½οΈπŸŒŽVIP

15 Jan, 13:44


Lets trade live if you have a challenge account or a trading account open log on

Gold minds γ€½οΈπŸŒŽVIP

15 Jan, 13:44


https://us06web.zoom.us/j/86454564395?pwd=aVCLuWywhUmYBD3G0lahqklZWjjyFN.1

Gold minds γ€½οΈπŸŒŽVIP

19 Dec, 05:41


Stop confusing pip move by adding lot size in it. These are two different things. Just know this:
A 10 pip move is a dollar change in price of XAUUSD. i.e. If price was at 2024 and moved to 2025 then it's a 10 pip move.
2024.00-2024.10 = 1 pip
2024.00-2024.20 = 3 pips
2024.00-2024.30 = 3 pips
2024.00-2024.40 = 4 pips
2024.00-2024.50 = 5 pips
2024.00-2024.60 = 6 pips
2024.00-2024.70 = 7 pips
2024.00-2024.80 = 8 pips
2024.00-2024.90 = 9 pips
2024.00-2025.00 = 10 pips
2024.00-2034.00 = 100 pips
In mt4/5 when you drag the sl or tp level it shows the value in points.
1 pip = 10 points
10 pips = 100 points
100 pips = 1000 points and so on.
If you ignore tha last digit in points, it becomes your value in pips and that is the quickest way to calculate your sl, tp and so on. (Use the crosshair tool)
For lot size go to your mt4/5 and right click the symbol XAUUSD and pay attention to specification:
contract size 100 (1 lot buys you 100 ounce of gold)
Minimal volume 0.01 (0.01 lot buys you 1 ounce and the minimum trading quantity)
Maximal volume 200 (200 lots maximum that you can buy i.e. 20000 ounce of gold)
Volume step 0.01 (you can buy in steps as in 0.01 lot, 0.02 lots, 0.03 lots and so on)
To calculate your lot size:
Amount to risk (in USD) / distance of stop loss (in pips) = number of ounce to trade
e.g. I want to risk 20 USD and my SL is 100 pips
so 20/100 = 0.2 ounce
So using unitary method you know 0.2 ounce = 0.02 lot size
Volume step is there because you can only trade in multiple of one ounce so sometimes your lot size will be rounded down. 0.03 lots to 0.02 lots and so on.
IMO use some lot size calculator if you are new and over time you get a good idea of position size and risk just by looking at the chart.
Correct me if I made a mistake somewhere. I just couldn't stand the confusion.

Gold minds γ€½οΈπŸŒŽVIP

18 Dec, 19:54


Take profit 2558.00

Gold minds γ€½οΈπŸŒŽVIP

18 Dec, 19:54


Sell gold

Gold minds γ€½οΈπŸŒŽVIP

08 Dec, 03:01


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08 Dec, 03:01


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Gold minds γ€½οΈπŸŒŽVIP

08 Dec, 03:01


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Gold minds γ€½οΈπŸŒŽVIP

08 Dec, 02:39


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Gold minds γ€½οΈπŸŒŽVIP

08 Dec, 02:39


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Gold minds γ€½οΈπŸŒŽVIP

29 Sep, 02:31


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Gold minds γ€½οΈπŸŒŽVIP

29 Sep, 02:31


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Gold minds γ€½οΈπŸŒŽVIP

27 Sep, 02:34


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Gold minds γ€½οΈπŸŒŽVIP

18 Sep, 16:51


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Gold minds γ€½οΈπŸŒŽVIP

18 Sep, 16:50


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Gold minds γ€½οΈπŸŒŽVIP

18 Sep, 05:12


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Gold minds γ€½οΈπŸŒŽVIP

18 Sep, 05:12


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Gold minds γ€½οΈπŸŒŽVIP

13 Sep, 22:03


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Gold minds γ€½οΈπŸŒŽVIP

13 Sep, 22:03


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Gold minds γ€½οΈπŸŒŽVIP

09 Sep, 20:20


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Price action:
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Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:49


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Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:49


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Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:47


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Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:17


JUMP ON ASAP!

Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:15


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Gold minds γ€½οΈπŸŒŽVIP

22 Aug, 18:15


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Gold minds γ€½οΈπŸŒŽVIP

05 Aug, 15:54


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Gold minds γ€½οΈπŸŒŽVIP

05 Aug, 14:13


@MR_XAU