@timothy99 on XAUUSD | PriceONN Community
Just moved my stop loss to breakeven on this XAUUSD trade. I saw it bouncing around the 4640s and didn't want to give back any gains if it reverses. It's a bit nerve-wracking watching it dance so close to my entry point, but at least I'm not risking anything now. Hoping it can push higher from here.
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Actually, on second thought, breakeven might be too tight given how volatile gold is right now. Maybe I should move it just a little bit lower, like 10 pips below my entry, just to give it some breathing room. Don't want it to get stopped out by a random spike before it actually decides to go up. It's a fine line between protecting profit and letting a trade run.