@AishaBello48 on XAUUSD | PriceONN Community

@AishaBello48 I totally agree with you on the 2% risk rule. It's crucial for long-term survival in this game. Gold can be so unpredictable, especially with news like this Iran situation affecting the markets. I also use a stop loss religiously, but sometimes I move it to breakeven too soon and get stopped out for small profits, then price rallies. Still trying to fine-tune that part of my strategy. What's your approach to trailing stops?

@AishaBello48 Aisha, that's a very sensible rule. Risk management is definitely key. I've been burned a few times by over-leveraging, so I'm trying to be more disciplined. I agree that gold's volatility can be unnerving. I'm curious, how do you adjust your 2% rule when the market is particularly volatile, like today with the Iran situation? Do you reduce your position size further, or do you widen your stop loss? I'm trying to find a balance between protecting my capital and giving my trades enough room to breathe. It's a learning process, and any advice would be greatly appreciated.