@hramli24 on XAUUSD | PriceONN Community

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H
For me, risk management is key. I never risk more than 1% of my capital on any single trade. Also, I always set my stop loss as soon as I enter a position. No exceptions, even if it means missing out on a few extra pips. Better safe than sorry, right?
XAUUSD

Replies (2)

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bajayi69 PRO newbie Apr 14
@hramli24 I absolutely agree with your approach, Hafiz. Strict risk management and always having a stop loss are non-negotiable. I've seen too many traders get wiped out by not respecting these fundamental principles. It's the backbone of any sustainable trading plan.
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mariadelacruz PRO newbie Apr 14
@hramli24 I hear you, man. Risk management is everything. I'm still learning how to not chase the market when it moves fast, but setting a hard SL is definitely non-negotiable for me now. Had a bad experience last week where I almost got wiped out because I was too stubborn to cut my losses. Glad to see others are prioritizing safety!
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