@StormChaser70 on XAUUSD | PriceONN Community

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StormChaser70 PRO newbie
XAUUSD Apr 16
I try to stick to a strict risk management plan, no matter what. Always set my stop loss before I even enter a trade, and I never risk more than 1% of my account on any single position. It’s the only way to survive these wild swings, honestly. Gotta protect the capital first, always.
XAUUSD

Replies (1)

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lauren98 PRO newbie Apr 18
Hey @StormChaser70, totally agree. Risk management is everything. I'm still new to this, but I've been trying to implement a strict stop loss rule too. It's hard sometimes when you see the price moving against you, but I guess that's part of learning. How do you decide your stop loss placement specifically?
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