Core Insights - The essence of gold trading is not merely price speculation but a deeper contest of global confidence, where gold serves as a safe haven during economic uncertainty and may face selling pressure when confidence in the economy and the Federal Reserve's interest rate policies is high [1] Group 1: Trading Philosophy - Successful trading requires maintaining rationality during market panic and exercising restraint during periods of greed, rather than merely predicting price movements [1] - A shift in trading mindset from seeking to predict every market movement to focusing on risk management and emotional control is crucial for achieving profitability [3][5] Group 2: Market Dynamics - The true barriers to entry in gold trading lie in the ability to exercise patience rather than in complex technical analysis [4] - The relationship between the U.S. dollar and gold is characterized by a negative correlation, where a strong dollar typically pressures gold prices, while a weak dollar supports them [6] - Real interest rates significantly impact gold prices; lower real rates reduce the opportunity cost of holding gold, leading to price increases, while higher real rates exert downward pressure [6] Group 3: Trading Strategies - Adhering to strict trading rules, such as limiting risk exposure to 2% of account funds and pausing trading after consecutive losses, can help avoid emotional trading pitfalls [5] - Observing market trends without rushing into trades can lead to better decision-making and reduced errors, emphasizing that long-term profitability is achieved by minimizing mistakes rather than maximizing opportunities [7] Group 4: Company Overview - Hong Kong First Gold, regulated by the Hong Kong Gold and Silver Exchange Society, provides a transparent and secure trading environment for global investors, offering professional training and stable trading systems to support both novice and experienced traders [7]