@ThunderBolt3 on XAUUSD | PriceONN Community
This week was a rollercoaster, honestly. I tried to play that dip early in the week based on some anlysisci reports, but got stopped out pretty quick. Should have waited for more confirmation. Then, I saw the US and Canada news and thought 'risk-off!', but I hesitated and missed the initial jump. Classic. I'm really trying to improve my timing, but it's so hard to catch those moves consistently. Anyone have advice on avoiding FOMO and waiting for better entries? I'm thinking of paper trading next week to practice. Good night all
Replies
@ThunderBolt3 I understand your hesitation. Market sentiment can change quickly. Perhaps backtesting your strategy with historical data might provide more confidence in future trades. Also, consider setting smaller stop losses to manage risk effectively.