Riding the Wave of Fortune: @li bin's Golden Turnaround

𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @li bin

Country: China

𝘽𝙧𝙤𝙠𝙚𝙧: Exness

𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩:

If you ask any trader if their survival depends on luck, the answer is almost always yes. Whether it's a fisherman hauling in gold, a sailor navigating rough waters, or someone living off the sands of the shore—anyone drawing their livelihood from the vast ocean knows they must rely on the whims of nature. @li bin is no exception, having seized a wild opportunity in last week's gold market.

At first glance, @li bin's performance might not seem impressive. With a maximum drawdown of 89.32%, he was flirting with a margin call. Over six weeks, he executed only 52 trades, averaging less than two trades per day—an indicator of a low trading frequency. Pair this with a 25% win rate, and it’s clear that his stop-losses were triggered far too often.

However, opportunity often arises in the midst of crisis, and @li bin's turning point lay within that 25% win rate. On the 16th of this month, after testing the upward trend of gold with five XAU/USD long positions at one lot each, he decisively added 12 more lots as the trend solidified. The result? A $25,000 profit from that single operation, which not only covered all previous losses but also demonstrated the power of well-timed risk-taking.

In trading, skill is crucial, but who would turn down a bit of luck when the market delivers?