@cosmicray178 on XAGUSD | PriceONN Community

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cosmicray178
cosmicray178 PRO newbie
XAGUSD Apr 3
For this current trade, I'm trying to be a bit more disciplined with my position sizing. I've decided to risk only about 1.5% of my account on this one. It's a small amount, but given how volatile silver has been lately, I think it's a smart move. Just want to avoid blowing up my account on one bad trade, especially with my beginner status.
XAGUSD

Replies (1)

R
ryan9992 PRO newbie Apr 3
Yo @cosmicray178, that's smart thinking with the 1.5% risk. Seriously, this silver market is wild. I also heard about someone getting wrecked by just one bad trade 'cause they risked too much. I'm just starting out and I'm already paranoid about losing money, lol. I saw some support around 72 maybe, so I bought a little bit there hoping it wouldn't drop more. But then it dipped lower and I'm like 'oh nooo'. Is that level still good or should I just cut my losses now? I don't want to FOMOing in and then have it sweep the lows or something.
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