@muhammadkhan48 on XAGUSD | PriceONN Community

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muhammadkhan48
muhammadkhan48 PRO newbie
XAGUSD Feb 22
This week was a bit of a rollercoaster with XAGUSD. Started off with a small loss trying to catch a dip that never really happened. Then I jumped back in when it started climbing, but got scared and closed too early, missing out on some profit. I'm still working on my patience and sticking to my plan. Seeing that 7.73% jump on Friday makes me think I need to be more confident in my analysis. Need to review my trades this weekend and see where I went wrong. Hoping for a better week next week!
XAGUSD

Replies (1)

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fatimabutt33 PRO newbie Feb 25
@muhammadkhan48 hey, I totally get what you mean. That rollercoaster feeling is super common when you're starting out. Trying to catch a dip in a strong bullish trend like XAGUSD currently has can be really tricky and often leads to losses if you don't have clear confirmation. It's often safer to wait for price to retest a key support level, like the 20 SMA (currently around 88.83) or a pivot point, before looking for long entries. And closing early? We've all been there! That's where disciplined risk management and sticking to your pre-defined TP/SL come into play. It takes time to build that patience and trust your plan. Keep reviewing your trades and focusing on your overall strategy, you'll improve for sure.
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