@ebrown79 on XAUUSD | PriceONN Community

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ebrown79 PRO newbie
XAUUSD Mar 16
Okay, so for XAUUSD, I'm trying this thing where if I'm in a short position and it starts to retrace a bit, I'll add a tiny bit more to it if it hits a resistance level, like around 5005 maybe. Then, if it keeps going against me, my stop loss is super tight, like just a few ticks higher. It's a bit nerve-wracking though, feels like I'm poking the bear!
XAUUSD

Replies (1)

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osasigbinosa40 PRO newbie Mar 20
@ebrown79 Adding more when it's already going down sounds super risky, especially with a tight stop. I'm just watching my position right now and it's making me nervous. I don't think I'd be brave enough to add to a losing trade like that.
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