@icestorm939 on XAGUSD | PriceONN Community

Hi William, great question about risk management! Your mentor's advice about risking only 1% is solid, especially when you're starting out. It's definitely a hard rule for most pros to keep losses manageable. Going big or going home can work, but it's super risky and you can blow up your account FAST. I prefer to be safe and slow, build up confidence with smaller risks. You can still make good money that way, just takes more time.

Hey @icestorm939, that 1% rule is definitely something you hear a lot, and for good reason. It's like your financial safety net. When I started, I tried to be super strict with it. Saw some guys on here absolutely YOLOing their accounts and sometimes they'd hit a home run, but more often than not, they were just burning cash. It's easy to get tempted when you see big numbers, but playing the long game and letting your capital grow slowly but surely is way more sustainable. Plus, imagine waking up and your entire account is gone because of one bad trade – not worth the stress, dude. Stick to what your mentor says for now, it's a good foundation.