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i am a really short term trade, so i rarely place emphasis on the 5 year span. I trade in the 1 minute interval for gold. and in that one minute man, price can literally fluctuate one or more dollar....how can i place a reasonable stop loss. trading gold is so fun but its SO VOLATILE.

Hi I have been trading gold for the past year and I find that I have been pretty successful in predicting short term price movements during volatile sessions like at NY open. The thing with trading gold is that although i am able to trade with the trend, I find that i get out too early. As...