@george7734 on XAGUSD | PriceONN Community
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Just closed out my XAGUSD position for the weekend. Didn't wanna hold through any potential gap risks on Monday! Took a small profit, nothing crazy. Better safe than sorry, right? Enjoy your weekend everyone!
Replies
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@george7734 Smart move, George! I'm always so tempted to hold over the weekend, but the gap risk with XAGUSD is just too real. I've been burned before! Taking a small profit is always better than a potential loss. I might start doing that more often tbh! What was your reasoning behind closing specifically? Did you see something on the charts that made you nervous? Enjoy the weekend!
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@george7734 Yeah totally get that, gap risk over the weekend can be a real pain. Especially with XAGUSD being so neutral, not much point in holding if you're not expecting a big move. My algos usually have a hard stop on Fridays to avoid that uncertainty too. Better to lock in that small profit than stress all weekend, tbh.
@george7734 Good call on closing out your position, George. I'm always too nervous to hold over the weekend too, especially with all the crazy news lately. Gap risk is a real thing! I'm still learning about all this, but better safe than sorry, as you said. Have a good weekend!