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And what to do here next? Don't do anything, just wait. Let it build a base and turn green, then we can buy again. What changed here? What happened? It formed a double bottom, and it's already coming up to be green. It's already green. I think today or tomorrow it will be green. Therefore, at the very least, account 3 can start entering. Now, look at account 3. Here's the double bottom, see? >> Yes. >> It dipped a little here, but it still counts as one. It didn't tilt down much. But generally, it doesn't usually reach that far. It goes up to about this much. 100% of the original, it starts to hesitate. 100% of the original is 4,000. >> Yes. >> 4,100, which is close. >> We'll see. When it reaches 4,100, can it break through again? If it can break through, it will continue further.
Once again, the annual investor gathering, Follow the Future 2026, the 4th time. A stage that brings together investors, experts, and global perspectives in one event. We return with the film "Beyond Imagination: Investing in the Next World." Meet us at True Digital Park on Saturday, November 21, 2026. Early bird tickets are now on sale at a special price, limited to only 100 tickets. Let's start with gold first, Uncle. Gold often drops below 4,000, but it seems to be fighting hard. Today, it stood above 4,000. Uncle, how do you see the gold chart from now on? >> We've been talking for a long time. We look at the gold chart, the gold price, how much it will fall, how much it will rise. And for a long time, we've only talked about these things. Have we forgotten that trading starts with mindset first, then management, and then comes the price? Why is no one talking about mindset and management? Jumping straight to the price, so I don't quite understand. If we don't understand mindset, if we don't understand money management, how will we know where the price is going, why it's going there? And if you ask about the gold price, I'd like you to talk about the investment mindset first. The investment mindset is that, first, we must set our intentions correctly. It's for investment, for a profession. Buying and selling stocks is like buying and selling general goods, not for gambling. This mindset must come first. If the mindset is wrong, if you go to buy and sell, to do anything out of greed, desire, or anything else, it all becomes gambling. No matter how you look at the chart, how you look at the events, you will never profit because the starting point is wrong. It's like what was it, at Ban Phra Athit, they said buttoning the first button wrong, right? Something like that. >> Yes. >> Exactly. Button the first one wrong, and it's crooked all the way. It can't be fixed. There's only one way: undo everything and start again. This is similar. We've skipped over the mindset entirely, and now we want to fix the price. It can't be fixed. But we can talk about the price because Uncle has the right mindset. >> Yes. >> That's why Khun Gita invites me to talk about this and that. Because I can see ahead. Because nothing can obscure a correct mindset. So, I want everyone to do this. Before trading anything, look at your intentions first to make sure they are appropriate. Intentions are important. >> [Laughter] >> Are you coming to play stocks as gambling, or are you coming to invest? This is important. We assume that everyone here is coming to invest, to be good people. [Laughter] No gamblers here, just good people who come for investment. After investing, we look at investment. As I've said many times before, why can't a row of shops sell as well as 7-Eleven? They are both row shops on the street. The only difference is that 7-Eleven has management, unlike those row shops that don't. Therefore, when the mindset is correct, management must also be present. This is a long story. Accounting and such. When these are combined, discipline follows. For example, if we have this much money, how much will we allocate to trade here? You don't need to think about it. We think ahead to asset allocation and so on. When talking about gold, we must always keep in mind that we are only talking about a small portion, 1/10th of the investment. >> Not the total investment. >> Therefore, how much it goes up or down, how much is lost, how much is gained, it's not a large percentage. It's just a part of it. These things must be in place. When everything is in place, you will see that the real importance is here. Before looking at the price, let's get the mindset right first. It's called having right view first. Let it be right. Have asset allocation, don't put everything into one stock. >> Then, manage it properly, which means having trading discipline. See? You must have discipline and order. That's why I tell the club members, when studying, to take precepts first, because precepts are discipline. >> They existed before Buddha, for a very long time. Have discipline first. Let investment not be gambling. When you have good discipline, concentration will be on trading, not on distractions or anything else. Management and the results will also be good. Therefore, if we start from this, we can look at gold. Uncle will emphasize the colors a bit to make it clear. Let's make it clear when it's green, make it very clear like this. And when it's red, make it very clear like this. Okay, in reality, it won't be this extreme, but for demonstration. If we have the right mindset and management, we must know that from various test results, there are many profitable systems in many markets. Choose one, any of them will work. Now, the club chose Action Zone because it's the simplest, the easiest. Once you can do it, investors can use other systems that are better. Feel free to do so, there are many. If you're curious, go to the indicators on TradingView and see. Look at the indicators, choose one. For example, choose the Technical Editor's Picks, which they consider good. Choose this one. There are so many systems. See? This system has over 700 people boosting it, 1000, and so on. There are many. You can go and see the code, and you can also see how it works. If you use it, choose one. But we don't emphasize this because, in the end, no matter how good the system is, if you don't follow it, it's the same. So, I emphasize, let's start with something simple, okay? Just green and red. Can you do that? Let's start with that. Suppose we've cleared everything, and we look at our green and red. For gold, we enter here, the first green after a period of sideways movement. When it first turns green here, we enter and just sit there, riding the trend, which is called trend following. Today, when it turns red, we exit. Wow, countless profits, right? And at this red point, as I said, anyone skilled who wants to play short can short here again, and it goes down again. See? Just following the colors is enough. If everyone understands these things, there's nothing more to say. Now, we only talk to those who cannot follow the green and red. That's unfortunate. I don't know how to help them. They are unfortunate. Now, it's red and going down. If you normally shorted, you'd be sitting there smiling happily. If you didn't short, at least exit your position here, sell, and you won't be unhappy. Let it go down, it doesn't matter. We have no position. But you must also think, when we sell gold here, when we sell gold, what do we hold instead of gold? We give our excellent gold to them, we sell it to them. What do we get in return? We get rotten money, tattered banknotes. So, you must think about this. When selling gold here, don't hold fiat currency. >> Do you understand? From here, we must research what has value during this period. Should we hold money, coffee, rice, rubber? Think about it yourself. This will help our work be more profitable. Now, suppose we haven't done anything when it's red, we just sit there, regretting it, but not doing anything. But at least we're not losing money. What to do now? Don't do anything. Wait for it to build a base and turn green, then we can buy again. Now, when we don't do anything, it means sitting still. There's a way to sit still: we must divide accounts, account 1, account 2, account 3. The risk is not the same. Account 3 is a speculative account. Just play randomly, go for it. >> Yes. >> Instead of putting money into this competition, say 1 million baht, we might put it into gold savings, say 500,000. Working according to the system, say 400,000. And speculating, playing according to our emotions, let it be only 100,000. When speculating, you lose money. So, why is there still room to play if you lose money? Because people can't control themselves, so we give them a little, but a small amount. Therefore, at the beginning, you can't do anything here. So, we must use account 3. If you want to start now, you can, because we'll talk about it later. But use account 3. Not so much that it causes damage to the account. How to trade account 3? Make the timeframe faster. Make it faster by changing methods. A simple method is to change the timeframe from daily to 4 hours, or 3, 2, or 1, depending on your preference. Just 4 hours is enough. Bang, look at this. It has changed shape. What changed? What happened? It formed a double bottom, and it's already coming up to be green. It's already green. I think today or tomorrow it will be green. Therefore, at the very least, account 3 can start entering. But once you enter, when it turns green, don't be happy and want to be account 2. Still be account 3. >> Yes. And after entering, >> return to the daily chart. Wait for this to turn green again before buying with account 2. See? It's easy. Otherwise, what to do now? Account 1, account 2, don't do anything. Just sit still. >> Yes. For those who sold and then sold from green to green, and then took the money to short here, they gained even more profit. If you didn't short, just sit still and let the profit run. The downtrend also runs. So, for those who don't have a system, find a way to enter by changing the daily chart to 4 hours. Those with a system, just sit still and wait for signals. Those who invest in gold for savings, it's not time to do anything yet. >> Yes. >> Because we only save when it's very cheap. So, if we talk about mindset, money management, and things like that, you'll see that trading gold is easy. Green and red are right in front of your eyes. It's easy. Now, how to fix it for those who haven't made much profit? The solution is to be patient. Study. Be patient. If your mind is restless, you can't think of anything. Be calm, have mindfulness, be calm. Now, how can people be calm? You must have discipline first, otherwise, you won't be calm. Have discipline, do everything correctly. Have discipline and do everything correctly. What to do next? Make your mind compassionate, not greedy, angry, or anything else. When your mind is compassionate, you will have charity as a goal. Those who are compassionate want to give charity constantly. After giving charity, colors will follow. Discipline will arise. When discipline arises, concentration in work will be clear. It's clear that this is red, not blue or yellow. It's red. Sit still. >> Sit still. See? It's easy. You start making money. Therefore, I recommend what I said. Go practice being calm. Be mindful. Calm your emotions. Now, it's fortunate that it's been red for a long time. There are no positions, so be patient and just watch. If you held a position from here and it went down, you lost a lot. What to do? Just sit still. Let it be a lesson that you lost this time, and next time you won't let it happen again. Be patient. It's nothing. It won't go down much. >> It will reach a point and then go up on its own. Therefore, if we look at management and mindset, there's nothing surprising about gold. It's normal. And I hope everyone will continue to make a lot of profit from gold. >> Yes, Uncle. May I ask a follow-up question for those trading account 3? Just now, Uncle mentioned a double bottom, which indicates a chance of a rebound. But how far can we expect a rebound from a double bottom, Uncle? >> Ah, look at account 3. Here's the double bottom, see? >> Yes. >> It dipped a little here, but it still counts as one. It didn't tilt down much. So, we can try and see. Roughly, from this, we call it Fibonacci extension. Extend to the target from the original price, from this low point, around here, up to the high, around here, and down to the low, around here. 161.8% is here, around 4,100. The target is not bad. It can go up a lot. But generally, it doesn't usually reach that far. It goes up to about this much. 100% of the original, it starts to hesitate. 100% of the original is 4,000. >> 4,100, which is close. >> We'll see. When it reaches 4,100, can it break through again? If it can break through, it will continue to 4,100 something, at 127.2%. But the target, if no bad news interferes, the first target is around 4,160, approximately 4,200. 4,200. >> Thank you everyone for following us all along. Our goal is to take this channel to 1 million subscribers to create a broader learning community in economics, business, and investment. We now have YouTube Membership. By subscribing, you will receive exclusive content and seminars from PR KP and the Business Tomorrow team. Please subscribe.