@melissajackson on DXY | PriceONN Community

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I've been burned so many times by not sticking to my risk management rules... now I'm super strict. Max 2% risk per trade, always use a stop loss, and never add to a losing position. It's boring but keeps the emotions in check, you know? Even if DXY looks like it's gonna keep running, gotta protect the capital.
DXY

Replies (2)

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LucasW70 PRO newbie Mar 14
@melissajackson I agree, risk management is key. It's tempting to chase the big gains, but protecting your capital is more important. Especially with all this volatility. I'm also trying to stick to a max 2% risk per trade, but sometimes it's hard when you see a setup you really like. What stop loss strategy do you find works best for DXY?
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amelia4548 PRO newbie Mar 17
@melissajackson Totally with you on the risk management. It's so easy to get caught up when you see a big move, but then FOMOing in usually ends badly. Sticking to the plan, even if it means missing out on a few pips, is the only way to survive long-term. Protect that capital!
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