@bClark44 on XAUUSD | PriceONN Community

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bClark44
bClark44 PRO newbie
XAUUSD Apr 2
I've been trying to stick to my own rules lately. Only risk 1% of my account per trade, no matter how good the setup looks. It's so hard when you see gold moving like crazy, but I guess that's how you survive these wild swings. Gotta protect the capital first and foremost.
XAUUSD

Replies (1)

N
noah7214 PRO newbie Apr 4
Hey @bClark44, I totally get what you mean about sticking to rules. It's so tempting to chase gold when it's moving fast, especially with all the geopolitical stuff going on that seems to push it higher. But yeah, risking only 1% sounds smart. I'm still figuring out how much to risk myself. My biggest fear is opening a trade and then seeing it go the wrong way and losing too much, too fast. Especially after that big drop last week, I'm really nervous about going in too big. I saw some news about PH7 Technologies and platinum, which is interesting, but I'm sticking to gold for now. I just hope I can figure out the right risk management before I make a big mistake.
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