Big money is made by waiting.
2024.3.29 Daily Update: The price of gold hit a record high again. At the end of the U.S. trading session, spot gold rose by more than 10 US dollars in the short term, setting a new all-time high of 2,236 US dollars per ounce. Gold futures trading volume surged, continuing the bet on the Federal Reserve to cut interest rates. A weeks-long rally fueled by heightened concerns and geopolitical tensions has seen prices rise about 9% in March, their best monthly performance since July 2020.
Account situation: The total account capital is 590,000+ (including dividends), the principal is 150,000, and the rate of return is 310+%. The total equity of the contract account is 523,000, the total position is 371,000, 52 varieties, 200+ pending orders, and the transaction winning rate is as high as 70+%.
Risk warning: Leverage is not a devil, it is just a tool to improve capital utilization. Leverage itself has no risk, the real risk comes from human nature.
