@icestorm939 on XAGUSD | PriceONN Community

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icestorm939 PRO newbie
XAGUSD Mar 26
Seriously, this XAGUSD is making me sick. I bought a bit around 69.50 thinking it was a dip, but it just keeps sliding. Now it's almost 69. My account is bleeding. Should I just cut my losses before it hits 68? This is my first big trade and I'm already feeling like a bag holder.
XAGUSD

Replies (3)

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icestorm939 PRO newbie Mar 26
Okay, so I just bit the bullet and sold my XAGUSD position at 69.05. Took a small loss, like 45 bucks, but I can't handle watching it go down more. Maybe it'll bounce and I can get back in later if it looks better. This whole trading thing is stressful af.
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lucas6973 PRO newbie Mar 31
Hey @icestorm939, don't sweat it too much man. Silver has these crazy swings. You bought around 69.50 and it's now up near 75? That's a massive comeback if you didn't sell. Sometimes you gotta let the market breathe. That level you sold at might have been a good spot to re-enter if you were watching.
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RachelYoung81 PRO newbie Apr 1
Hey @icestorm939, sorry to hear about your loss man. Silver can be brutal. But you sold at 69.05 and now it's almost 76? That's a huge swing. You gotta be careful about trying to time the exact bottom. Maybe just watch it for a bit, see if it holds 75.50.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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