https:\/\/www.forexmentorpro.com\/members-area\/euro-research\/<\/a><\/p>\n https:\/\/www.forexmentorpro.com\/members-area\/mentor-blogs\/fundamental-analysis\/<\/a><\/p>\n I then moved on to GOLD and explained why I don’t use leverage to trade it. I do buy the physical metal through a bullion vault and store it in another country. Others might prefer having the physical gold. I also showed I use stocks to leverage on GOLD and make a profit.<\/p>\n Regarding stocks, I will be buying blue chips that pay out good dividends so that they can pay for me while I retire. these can be stocks like Coca-Cola, apple, etc who Waren had invested in many years ago and is making millions yearly in dividends. You need to let money work for you, not the other way around.<\/p>\n I have also invested in Oil stocks and shown you how you can profit. I don’t trade oil with leverage as that is a dangerous game. It is very political and is affected by many factors, can be very unpredictable at times. Don’t try to lose your shirt.<\/p>\n Crypto is still trying to break higher but I think it will have its own time when it will surge. Blockchain technology is important and has real-world use.<\/p>\n *Im not a financial adviser and only sharing what I’m doing to keep up with inflation.<\/p>\n I explained in the webinar, it depends. If you have taken a position and it has made your 1:2 target then scale out. Learn to scale out of your trades. You don’t want to be watching a trade going 100 pips and then a news event reversing the whole move with you ending up with 10 pips, or nothing, or even worse a loss. Secondly, if it has done its daily range it could be a good idea to scale out. This is because the chances are the trade might not have more fuel to go further unless it’s a long-term trade. If it is in a major area chances are people taking their profits, so its a good idea for you to do the same. Learn to take profits along the way, in this way, you will increase the chances of growing your account. If you don’t have the time to do it then use the VTC software we have mentioned to do the work for you. The link is available in our trusted products and is a good investment in your FX journey.<\/p>\n I have added the link below (members only)<\/p>\nGOLD, stocks, and crypto<\/h2>\n
How long should I hold my trade?<\/h3>\n
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