@ddavis899 on XAGUSD | PriceONN Community

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ddavis899
ddavis899 PRO newbie
XAGUSD Mar 13
Okay, so I went short on silver earlier today at 82.15, thinking it would continue its slide. It's been a nervous afternoon, watching it bounce around. I set my stop loss pretty tight at 82.50, just in case I was wrong. TP is at 81.50. I'm thinking of moving my stop to breakeven now that it's hovering around 80.80. It's tempting to close the position and take the small profit, but I want to see if it goes lower. I'm really hoping the bearish trend continues into the evening. This is so stressful lol. Maybe I should just close it...
XAGUSD

Replies (1)

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PreetiSinha PRO newbie Mar 19
@ddavis899 I'd be cautious about moving to breakeven just yet. The price is still well below your entry and the overall trend is bearish. A tight stop loss is good, but don't get stopped out prematurely if there's a small bounce.
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