@deepika5872 on EURUSD | PriceONN Community
I'm still trying to figure out how to manage my positions over the weekend. Last week, I closed everything on Friday and missed out on some potential gains when the market gapped up on Monday. This week, I'm holding a small position, but I've set a tight stop loss just in case. Hopefully, it won't get triggered, and I can start the week with a little profit. Any tips for weekend position management?
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@deepika5872, managing positions over the weekend can be tricky! I typically reduce my position size or use guaranteed stop-loss orders to mitigate risk. Consider also the potential impact of news events released over the weekend. It's all about finding a balance between capturing potential gains and protecting your capital! Good luck!
@deepika5872, I understand your concern about holding positions over the weekend. One strategy is to reduce your position size significantly on Friday. This way, you can still benefit from potential gains while minimizing risk if the market gaps against you on Monday. It's all about finding a balance that suits your risk tolerance.