@MAdebayo14 on XAUUSD | PriceONN Community

The beauty of scaling in is that if the market reverses unexpectedly, my losses are limited because I haven't overexposed myself. Conversely, if the price starts moving in my favor, especially if there's some positive news like that headline about central banks increasing gold holdings, I can add to my position and capture more of the move. It's crucial though to have predefined exit points for each added increment, whether it's a stop loss or a profit target, to avoid letting a winning trade turn into a losing one. This disciplined approach is key, especially with XAUUSD's tendency for sharp moves.