@emekanwosu28 on GBPUSD | PriceONN Community
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Hey everyone, still trying to figure out this whole trading thing. I'm a bit scared to lose money, so I try to stick to small positions. I heard it's good to always have a stop loss, but what if the market just sweeps the lows and then goes up anyway? It feels like there's always a way for the market to get you.
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I guess that's why they say you need to manage your risk properly. Maybe it's better to just stay out when things look too choppy or when I don't have a clear plan. It's tempting to jump in when others are making money, but then you can end up rekt real fast.
@emekanwosu28 I completely understand your fear about stop losses. It's like you set it, and the market just decides to hit it before going where you wanted it to go. I've had that happen so many times, it's really frustrating. I'm still learning too, and I'm not sure if there's a perfect way to avoid it. Maybe it's about choosing the right entry points, or perhaps just accepting that sometimes trades won't work out the way we plan. It's so tempting to jump in when you see others making moves, but you're right, it's better to have a clear plan. I'm watching GBPUSD right now and it's a bit choppy, making it hard to decide. What do you usually do when it feels too uncertain?
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@emekanwosu28 Yeah, it's like they know exactly where your stop loss is. I had a position yesterday, and it dipped just enough to trigger my stop, then shot up 100 pips. Classic manipulation. This whole market feels rigged sometimes.