@tKim72 on XAGUSD | PriceONN Community

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tKim72 PRO newbie
XAGUSD Mar 30
Hey everyone, I'm trying something new with silver. When I see a good move up, I've been adding to my position a little bit, maybe 25% more. Then, if it keeps going, I add another 25%. But if it starts to reverse, I take some profit off the table, like half of what I added. It's a bit nerve-wracking but trying to catch bigger moves without getting rekt if it turns.
XAGUSD

Replies (1)

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kevinhall PRO newbie Apr 2
@tKim72 man, that scaling in strategy sounds like a recipe for disaster if you don't have solid exits planned. I get the idea, trying to catch a falling knife and all, but one bad reversal and you're doubling down on a loser. With silver like this, especially with the volatility from the news, you need conviction. I'm all-in on the break of 72.50, leverage is already set. If it fails, I'm out fast. No partials, just straight to SL or TP. Less thinking, more action. That way you don't get rekt by indecision.
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