Non-agricultural gold increased significantly
As Gold continues its upward trajectory, traders must recognize that pip values and fluctuations aren’t fixed in impact.
Consider a scenario where Gold moves by 300 pips—when Gold was trading at $1,500, that would’ve been a 2% shift; now, it’s just around 1%.
Being attuned to these changes helps traders avoid overly tight stop-losses, which can lead to premature exit, or take-profits that might cut gains short.
In other words, risk management isn't just about setting numbers; it's about knowing the context of those numbers within market conditions.
By aligning our strategies with current Gold levels, we’re better equipped to maintain consistent risk and reward ratios.
Consider a scenario where Gold moves by 300 pips—when Gold was trading at $1,500, that would’ve been a 2% shift; now, it’s just around 1%.
Being attuned to these changes helps traders avoid overly tight stop-losses, which can lead to premature exit, or take-profits that might cut gains short.
In other words, risk management isn't just about setting numbers; it's about knowing the context of those numbers within market conditions.
By aligning our strategies with current Gold levels, we’re better equipped to maintain consistent risk and reward ratios.
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