@dawnbreak246 on XAUUSD | PriceONN Community
D
I see @RajeshShah65 mentioning those dangerous moves and @E_Nnamani talking about opportunity. Honestly, with how fast gold is dropping right now, I'm just trying to survive the overnight. My biggest rule is always risk management first. I never put more than 1-2% of my capital on any single trade. If a trade goes against me, I'm out. No exceptions. Trying to chase losses is the quickest way to blow up an account, especially when the market is this volatile. I’ve seen so many people get caught out by these big drops, thinking they can ride it out. But with gold plummeting like this, and the news about the mining sector taking such a hit, it feels like it could go much lower before any real bounce. I’m moving my stop loss tighter on my open position, just to protect what little capital I have left.