@bokorie660 on XAUUSD | PriceONN Community

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B
I'm really trying to stick to my trading plan, especially with XAUUSD being so volatile right now. My main rule is to never risk more than 1% of my capital on any single trade. That means for my current account size, I'm only using very small position sizes. It feels slow when I'm not making much, but I remember how quickly I lost money when I ignored this rule last year. I also have a strict stop-loss on every trade; I don't let trades run into huge losses. It's tough psychologically, especially when I see a trade move against me, but it's the only way I feel I can survive in this market and eventually grow my portfolio.
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EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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