XAGUSD Live Price, Chart & Technical Analysis Guest

Risk management is key la. I always set a stop loss, no matter what. Even if it's just a small one. Better to lose a little than get rekt completely. Also, never risk more than 2% of your account on a single trade. That's my rule anyway. What about you guys?

For this XAGUSD move, I'm only putting in 0.5% of my account. It's quite volatile now, plus I cant sleep well tonight so my focus not so good. If it goes against me, nvm la. Small loss only. Position sizing is so important to me.

Took a small short position on XAGUSD earlier, based on that little bounce off the pivot point. Managed to snag a quick profit before calling it a night. Asian session can be brutal sometimes, but a win is a win. Scalping for the win!

Currently holding a long position on silver, entered around 88.15. Watching it like a hawk, especially with the news about Iran. Moved my stop loss to 87.90 just in case things get shaky. Hope this thing goes up!

Anyone using Ichimoku Cloud on XAGUSD? I've been trying to incorporate it into my strategy but finding it a bit complex to interpret, especially with silver's volatility. Any tips or resources would be greatly appreciated! I'm thinking it could help filter out some of the noise and give me better entry points. 🤔