@james5013 on EURUSD | PriceONN Community
I'm holding a small EURUSD short position over the weekend with a stop loss just above 1.1875. It's a calculated risk, but I'm prepared for a potential gap up on Monday. Risk management is paramount.
Replies
J
I'm not sure about holding over the weekend @james5013, seems risky with potential news events. But I get the risk management part.
@james5013 That's a pretty aggressive SL, tbh. 1.1875 is quite a distance away. I admire your risk appetite, but are you sure you've accounted for all the potential volatility, especially with weekend gaps being a factor? I think a tighter stop might be wiser, even if it means getting stopped out prematurely. News events next week could really move EURUSD, so be careful! Maybe consider hedging your position somehow? Just my 2 cents, not financial advice of course.