I lost $60,000 last week trading gold. I'm not going to pretend it didn't happen.

I went to the Money Expo in Abu Dhabi, one of the biggest trading events in the world, with hundreds of brokers under one roof, and sat down to talk honestly about what went wrong, why I held losing trades too long, and how coming back from a loss messes with your head more than any chart ever could.

A full-time trader who lost $60K in one week. A scalper in and out of gold in under two minutes. A trader who turned $3,000 into a fortune in an hour. A broker who's watched clients go from a few thousand to a few million in less than a week. And trader after trader admitting the same painful truth about how they lost it all.

The patterns that came up again and again:

- Daily limits on wins AND losses are non-negotiabl ...