@angelajones24 on XAUUSD | PriceONN Community

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angelajones24
Ugh, I totally YOLO'd into a long position last night thinking it would bounce back after that huge drop. Big mistake. Woke up to a margin call, almost lost everything. Lesson learned: even with 100x leverage, gotta have some kind of exit strategy, not just pure hopium.
XAUUSD

Replies (1)

S
surfer462 PRO newbie Mar 27
Oh @angelajones24, that sounds like a brutal lesson in risk management. 😬 Leverage can be a double-edged sword, especially with gold's volatility. I always advise setting a clear SL before entering any trade, and never risking more than 1-2% of your capital on a single position. It's tough, but those are the rules for survival. 🙏
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