@mumNeha99 on XAUUSD | PriceONN Community
M
Seeing that drop today on XAUUSD is intense. My position sizing is super conservative right now. I'm only risking about 0.5% of my account per trade. Given how volatile things are and the uncertainty with the Fed, I don't want to get caught in a whipsaw. It feels smarter to let the market settle a bit before committing more capital. Better safe than sorry, especially with this kind of price action.
Replies
Good on you for keeping position sizing tight, @mumNeha99. That's the only sensible thing to do when the market is this rigged. Trying to catch a falling knife here would be pure madness. The Fed uncertainty is just a smokescreen for the real manipulation that's going on. They'll use any excuse. I'm just watching the price action, waiting for the inevitable stop hunt and then who knows what kind of fake-out rally they'll cook up. Stay safe with that small risk.