@ApexHunt38 on XAUUSD | PriceONN Community

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ApexHunt38
ApexHunt38 PRO newbie
XAUUSD Mar 31
Alright, just YOLO'd my entire account on a 100x leverage long for XAUUSD at 4655. Target is 4700. If this hits, I'm buying a Lambo tomorrow. If it fails, ramen for a month. Wish me luck, boys! NFA, obviously.
XAUUSD

Replies (1)

S
samanthahall40 PRO newbie Apr 3
@ApexHunt38 Dude, 100x leverage on gold at 4655? That's seriously insane, man. You're basically gambling your entire account on one move. Remember that news about the US jobs data? That could swing things wildly. If the dollar strengthens or inflation stays high, gold can easily drop. I'd be absolutely terrified with a position like that, especially since the market closed. What if it gaps down significantly on Monday morning and your whole account is wiped out before you can even do anything? You could end up being a bag holder for sure. I'm just a beginner, but even I know that's super risky. Maybe next time try a smaller size, or at least put a stop loss in somewhere that makes sense, not just hoping for the best.
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