@ngozi94 - XAUUSD | PriceONN Topluluk
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Risk management is key, and I'm still figuring out the perfect balance. For me, it's about not risking more than 1% of my capital on any single trade, no matter how sure I feel. I also try to have a minimum R:R of 1:2, meaning my potential profit needs to be at least double my potential loss. If I can't find trades like that, I just sit on my hands. It’s tempting to FOMO in when you see big moves, but sticking to the plan has saved me from getting completely rekt more times than I can count. I also always trail my stop loss once a trade moves in my favor to lock in some gains, even if it means taking a smaller profit.