@gracescott78 on XAUUSD | PriceONN Community
When managing positions on XAUUSD, I maintain a strict rule: never risk more than 1% of capital on any single trade. This involves precise stop-loss placement based on technical levels, not arbitrary figures. The geopolitical tension adds complexity, but disciplined risk management remains paramount. Relying solely on intuition during such volatile periods is a recipe for disaster; objective analysis must guide decisions.
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Also, ensuring my stop loss is set well beyond the immediate volatility, perhaps using the H4 pivot points as a buffer, is key to avoiding premature exits.