@lauren9634 on XAUUSD | PriceONN Community

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L
Oh man, that slippage is brutal. I actually just moved my stop to breakeven on my long position around 4670. Can't afford another massive loss like yesterday, especially with this market acting so wild. Better to be safe than sorry, even if it means missing out on a bigger win if it rockets up. The geopolitical stuff is really making things unpredictable. Need to see some stabilization first.
XAUUSD

Replies (1)

L
lauren9634 PRO newbie Apr 2
Actually, thinking about it more, the fact that my stop is now at breakeven frees up some mental capital. I can watch this move without the constant fear of getting blown out. If it pushes past resistance around 4710 and holds, I might even add a little more to the position, but with a tight stop this time. The volume is picking up, which is a good sign, but I'm still wary of fakeouts given how much this market has been swinging on news.
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