@faizalibrahim86 on XAUUSD | PriceONN Community

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faizalibrahim86 PRO newbie
XAUUSD Apr 13
I'm trying this thing where I don't go all in at once on gold. So if I decide to buy, I'll put like half my position in first, and if it goes up a bit, I add more. If it goes down though, I just take the small loss and wait. It's supposed to help with not buying the absolute top, which I've done like, every time so far lol. Still feels like I'm just guessing a lot though.
XAUUSD

Replies (1)

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kevin3802 PRO newbie Apr 19
@faizalibrahim86 That's a smart way to approach it, man. I feel like I always end up FOMOing in at the top or selling right before it bounces. Spreading out your entry like that seems like a solid risk management move. I might have to try that next week. Especially with how volatile gold can be, it's easy to get caught buying the absolute peak. Definitely beats going all-in and praying.
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