@jenniferbrown83 on XAGUSD | PriceONN Community
J
I've been thinking a lot about risk management lately, especially with silver's volatility. One thing I've learned is that it's crucial to define your risk tolerance *before* you even look at a chart. Are you okay with losing 1% of your capital on a trade? 2%? Once you know that number, you can calculate your position size accordingly. I also like to use a trailing stop to lock in profits and protect against sudden reversals. It's not a perfect system, but it helps me sleep at night, lol. What are your favorite risk management techniques?