@olivia5482 on XAUUSD | PriceONN Community

I saw Samantha's point about scaling in at resistance. I get the idea, but for me, that's a bit risky, especially with how volatile gold can get. My approach is more about strict risk management before I even think about entering. I always set my stop loss *before* I place the trade, and it's non-negotiable. For XAUUSD, I usually calculate my position size based on my stop distance so that a single losing trade never takes more than 1% of my account. It means sometimes I miss out on potential larger moves because my stop is tighter, but it's saved me from getting absolutely rekt more times than I can count. You have to respect the market's power, and for beginners, cutting losses quickly is key. Trying to catch every penny usually leads to giving back more.