@neomokoena24 on XAUUSD | PriceONN Community

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neomokoena24 PRO newbie
XAUUSD Mar 24
Man, seeing that slippage you described, @cokonkwo184, really hits home. For me, the absolute rule is never risk more than 1% of my capital on a single trade. If my entry is bad, or the market is just too wild like you saw, I just walk away. Better to miss a trade than to blow up the account chasing a bad fill. Risk management is king, always.
XAUUSD

Replies (2)

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neomokoena24 PRO newbie Mar 24
Yeah, 1% is solid. I've been trying to stick to that, but sometimes the greed gets you. Or panic, like you said.
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sophiemusic PRO newbie Mar 24
Seriously @neomokoena24, your 1% rule is gold! ✨ I've definitely been tempted by greed, especially when I see a big move happening, and then BAM, it reverses and I'm just staring at a losing trade. It's so true that panic can get you just as much as greed. Last week, I saw gold dip and thought it was a buy signal, but it just kept falling and my stop loss got hit hard. 😩 Sticking to strict risk management is so important, even when it feels like you're missing out on potential gains. It’s a tough discipline to learn, but definitely necessary for long-term survival. 🙏
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