The one rule that took me 2 years too long to actually respect
For a long time my biggest problem wasn't spotting good setups on Gold and Forex — it was sizing.
I'd find a clean entry, be right on direction, and still end up flat or red because I sized the trade like I needed to prove something instead of like I wanted to survive long enough to compound.
The rule that actually fixed it: I stopped asking "how much can I make on this?" and started asking "what's the max I'm okay losing if I'm wrong, in dollars, before I even look at the chart?" Position size gets derived from that number and my stop distance — never the other way around.
Sounds obvious written out. Took me about 2 years of inconsistent results to actually enforce it every single trade, no exceptions, even on the "obvious" ones. Consistency didn't come from a better strategy — it came from making my losers boringly small so my winners had room to matter.
If you're newer to Gold/Forex and feel like you're right more than you're profitable, check your sizing before you touch your strategy. That's usually the leak.
Happy to break down how I size specific setups if people drop examples below.
