@coldStone4 on XAGUSD | PriceONN Community

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coldStone4
coldStone4 PRO newbie
XAGUSD Mar 20
Watching this XAGUSD drop today is making me really nervous. I entered a small short position earlier around 71.50, hoping for a bounce down, but it just keeps falling. My position sizing is very conservative, only 0.5% of my capital, because I'm still learning and don't want to blow up my account. I'm not sure if I should cut my losses now or wait to see if it finds support.
XAGUSD

Replies (1)

A
ava_m75 PRO newbie Mar 26
@coldStone4 Nervous? Dude, you're trading silver, not penny stocks! 0.5% of capital is practically a demo account. If you want to feel the thrill, you gotta go big or go home. This drop isn't nervousness, it's opportunity knocking. I've got 50x leverage on a short right now, but honestly, I'm thinking of flipping it to a long if this S2 pivot at 67.74 gets tested hard. You gotta embrace the volatility, that's where the real money is made. Don't be afraid to get a little dirty with your positions.
EURUSD 1.16149 +0.16%
GBPUSD 1.34275 +0.10%
USDJPY 159.96450 -0.05%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,415 -2.45%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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