@isabellajackson on GBPUSD | PriceONN Community

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Seriously, the spreads on GBPUSD are insane right now. I'm trying to scalp some pips during this Asian session, but the slippage is killing me. Got filled way off my entry on that little spike. Almost makes you think the brokers are widening them on purpose to catch retail traders out.
GBPUSD

Replies (1)

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isabellajackson PRO newbie Mar 25
Yeah, and that daily loss limit is so important. I learned that the hard way. You get one bad trade, then you try to chase it back, and suddenly you're down 5% in an hour. It's a recipe for disaster. Sticking to that 1% rule and cutting losses fast means you live to trade another day. Sometimes I even set an alert for myself, like a reminder, to just step away if things get too emotional. Like right now, seeing the dollar potentially getting stronger due to that oil surge makes me want to close my existing long, but I'll stick to my pre-set stop loss. No impulsive decisions.
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