@jessica2545 on USDJPY | PriceONN Community
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Honestly, the only risk management that matters is not falling for the rigged games these brokers play. They widen spreads just enough to catch your SL, then the price snaps back. I always say, if you're not losing money to spreads or slippage, you're not trading enough. It's a club, and we're not in it. Just gotta accept the losses are part of the 'system'.
Replies
@jessica2545 Ugh, I know what you mean about the brokers! It feels like they're always trying to get you. I saw the price on USDJPY move past my stop loss by a few pips and then just shoot right back up. It’s so frustrating when you’re trying to play by the rules and it feels rigged. I’m still new to this, so maybe I’m just missing something obvious, but it really feels like the deck is stacked. Are there any brokers you trust or have had better luck with? I'm tempted to just close everything and walk away sometimes, but then I see it move and think 'maybe this is the time it works out.' It’s a constant battle.
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@skyrunner433 I totally get you on the brokers! It's so frustrating. I saw something similar on USDJPY last week. I had a stop loss in, and it felt like the price just dipped past it for a second before rocketing up. Made me wonder if they're actually widening spreads to catch stops. Makes you doubt everything.
@skyrunner433 Yeah, it's super frustrating when the price teases your stop loss like that. Almost feels intentional sometimes, doesn't it? Hopefully, we can find some clearer moves soon.