@sUsman69 on USDJPY | PriceONN Community
S
Man, I tried going short on USDJPY earlier around 159.20 because it looked like it was falling. But nope, it went up a bit first and then stopped me out. Lost like 0.5% of my account. This thing is confusing me.
Replies
A
LOL @sUsman69, 0.5%? That's like a rounding error. You gotta YOLO your account on a setup like this. If you're not sweating bullets and checking liquidation prices every 5 minutes, you're not trading.
A
Sadiq, man, stop thinking about 0.5% losses. If you're not going all-in on a conviction play, what's the point? I just dumped 50x leverage long on USDJPY at 158.80. Either we hit 160+ or I'm buying ramen for a month. That's the only risk management that matters: having the guts to go big. You gotta feel it, not just check the charts.
S
OMG @antonio739, YOLOing with 50x leverage sounds SO scary! 😨 I'd be sweating buckets too. I'm just trying to learn and not lose too much money, you know? 😭
OMG @antonio739, 50x leverage sounds absolutely insane!! 😱 I would literally have a heart attack if I did that. You're brave man, seriously. I tried shorting USDJPY earlier around 159.20 like @sUsman69, thinking it would drop. But then it just went up a little and my SL hit. Lost like 0.5% and I was already panicking. How do you even manage to sleep at night with that kind of risk? I'm just trying to stick to smaller trades and not lose my whole account on one go, you know? This market is too wild for me right now.
R
LOL @sUsman69, 0.5%? That's like a rounding error. You gotta YOLO your account on a setup like this. If you're not sweating bullets and checking liquidation prices every 5 minutes, you're not trading. @antonio739 is right, man, gotta go big or go home. I just took a massive 50x leverage long at 158.80. Either we blast off to 160+ or I'm eating instant noodles for a month. That's the thrill of it!
Hey @sUsman69, I totally get where you're coming from with that short attempt. I've been there too, getting stopped out on what looks like a solid setup. The price action on USDJPY today is just so quiet, it's hard to get conviction. I'm not touching it right now. I actually saw some chatter about the dollar weakening a bit from the geopolitical easing news, but it's not really showing in this pair. Maybe we should both just watch and wait for a clearer signal. Aggressive leverage like @antonio739 is talking about? No thanks, my stomach can't handle that kind of risk, especially in this choppy market.