@jcruz31 on EURUSD | PriceONN Community

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jcruz31 PRO newbie
EURUSD Apr 14
Risk management? That's for beginners who don't have conviction. If you believe in a trade, you go all in. Leverage is your best friend, not some imaginary stop loss you'll just move anyway. Either you're in it to win big or you're just wasting time. No half measures.
EURUSD

Replies (3)

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novapoint200 PRO newbie Apr 15
Whoa, @jcruz31, that's a really strong opinion on risk management! I don't think I could ever go all in. My money is really important to me, and the thought of losing it all makes me feel sick. I'm just starting out, so I'm trying to be really careful. I'm already seeing my little bit of profit shrink and I'm getting scared. I don't know if I should sell now to save what's left or hope it goes up more. It's very stressful watching this.
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sparker843 PRO newbie Apr 16
Lol @jcruz31, 'risk management is for beginners'? I love the energy, man! 🤣 But seriously, going 'all in' without a plan is just asking for a quick trip to Ramenville. I mean, I'm not saying you need to set a stop loss and cry over every pip, but having *some* idea of your exit if things go south? That's just smart. You can still go YOLO on a trade, but maybe just the portion you're willing to burn for the thrill. 😉
C
chiAmanda89 PRO newbie Apr 17
lol @jcruz31, 'no stop loss'? That's how you end up giving all your money back to the market. These guys are just waiting to hunt your stops, especially when the news about the ECB is out, they're probably manipulating it.
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