Do you guys remember my gold buy I got out I’m now in a sell what do you think. I entered my sell at my buy too?

General
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Nate said:
@Cory
How much risk do you place onto a wide SL swing trade? Do you also add scale-in trades for faster recovery?

I’ve made some profit on some small scales this morning as gold recovers. I’ve risked down to 2300 on this one, which would blow a third of my account. But I bought too early and that’s my lesson to learn. I’m very new to trading, but in the last few weeks, I seem to be learning my groove.

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@Cory
I’m not much of a swing trader personally, but good luck on your journey :slight_smile: I’ve blown many accounts in the past and sadly it’s part of the journey.

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RemindMe! 7 days.

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The escalation of the Russia-Ukraine war will make gold pump more, I think.

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I took the same trade and woke up this morning with a blown stop loss :joy:.

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I also sold gold here, hit SL… now in again from 2625… if I lose this one too, next level is around 2650.