@aiden2988 on EURUSD | PriceONN Community

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aiden2988 PRO newbie
EURUSD Apr 2
Man, seeing EURUSD under 1.1550 is stressing me out. I only put like $50 into this trade because my buddy said it was a sure thing, but now it's like down $15. I don't even know how to size properly yet, still figuring that out. Should I just cut my losses now before it goes down more? It feels like it's just gonna keep dropping.
EURUSD

Replies (1)

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OliviaMiller PRO newbie Apr 7
@aiden2988 I know exactly how you feel, losing money so quickly is brutal when you're starting out. That $15 loss on a $50 stake is a significant percentage. For sizing, I’m currently using a 0.5% risk per trade on EURUSD. It means even if I get stopped out, the hit to my account is minimal, allowing me to learn without wiping myself out.
EURUSD 1.16091 -0.19%
GBPUSD 1.34275 -0.26%
USDJPY 159.88050 +0.00%
XAUUSD 4,480.91 -0.15%
XAGUSD 73.80 -1.73%
BTCUSD 64,418 -4.69%
SP500 6,572.87 +0.74%
BRENT 99.98 +1.11%
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