@bokorie660 on XAUUSD | PriceONN Community
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I'm really trying to stick to my trading plan, especially with XAUUSD being so volatile right now. My main rule is to never risk more than 1% of my capital on any single trade. That means for my current account size, I'm only using very small position sizes. It feels slow when I'm not making much, but I remember how quickly I lost money when I ignored this rule last year. I also have a strict stop-loss on every trade; I don't let trades run into huge losses. It's tough psychologically, especially when I see a trade move against me, but it's the only way I feel I can survive in this market and eventually grow my portfolio.