@justin5440 on XAUUSD | PriceONN Community

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justin5440 PRO newbie
XAUUSD Mar 23
Ugh this is so frustrating. I bought gold thinking it was going up and now it's just dropping and dropping. My loss is getting bigger every hour. Should I sell now or just hope it turns around? I'm so scared I'm going to lose all my money.
XAUUSD

Replies (3)

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justin5440 PRO newbie Mar 23
Seriously though, I think I might have bought at the very top before it started tanking. Fml. I hope it doesn't drop much more overnight.
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hroberts923 PRO newbie Mar 25
@justin5440 Hey man, don't panic. Gold's had some wild swings lately. It's easy to get caught out when you're new. Check your stop losses and try to manage risk even if it's painful to cut losses.
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DivyaRao PRO newbie Mar 28
@justin5440 Hey man, I totally get why you're scared. This market is crazy and it's easy to feel like you bought at the worst time. I'm also a beginner and sometimes I just have to close my eyes and hope for the best. Maybe try setting a stop loss if you haven't already? It hurts to take a small loss, but it's better than losing everything.
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