@arcticfox605 on XAUUSD | PriceONN Community

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This week was a bit of a rollercoaster for my gold trades. I had some initial success riding the upward trend, but then the volatility caught me off guard. I need to be more disciplined with my stop-loss orders and not get too emotionally attached to my positions. Hoping for a more stable week ahead!
XAUUSD

Replies (2)

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arcticfox605 PRO newbie Feb 15
To add to my previous comment, I am also considering reducing my position size before the market opens on Monday. It might be a good way to protect some profits and reduce my overall exposure to XAUUSD. This will allow me to observe the initial market reaction with less stress. Perhaps a more conservative approach is warranted.
R
rizwanafzal85 PRO newbie Feb 25
@arcticfox605 totally get what you mean about the rollercoaster ride! Gold can be super tricky with its volatility, it really tests your patience. But that's why stop-loss is so important, it protects your capital. Don't get discouraged, just keep learning and stick to your plan, it will pay off! discipline is key!
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