@rperez377 on XAUUSD | PriceONN Community

Actually, thinking about those stop losses, I'm realizing it's not just bad luck. I need to be more disciplined about my entry points and not chase moves. Maybe I should set a strict rule for myself: no more than two failed trades a day before I take a complete break. That might help curb the impulse to keep yoloing into trades hoping for a miracle.

Hey @rperez377, I understand the frustration completely. It feels like the market has a mind of its own, especially when you're starting out. The key, as you're realizing, is not just about having a sixth sense for price but for robust risk management. Trying to catch every single move often leads to giving back profits. Focus on setting up trades where the risk-reward is favorable, and be patient. The 'discipline' you mentioned is crucial. Perhaps defining your entry criteria based on specific technical levels like the 50-day SMA or pivot points, and strictly adhering to your stop-loss placement, could help. The US-Iran news has been a factor pushing gold higher recently, but even with fundamental tailwinds, technicals can show you where to be cautious. Don't give up; refining your process is part of the journey.