@jyoung61 on XAGUSD | PriceONN Community
This silver drop is wild! Saw that news about the Iran situation and the dollar strengthening, and bam, down it went. I just YOLO'd my entire account into a short position around 72.80. It's 100x leverage or bust tonight, fellas! Either we're eating ramen or driving Lambos tomorrow.
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Actually, re-checking the news, that Trump statement about the Iran operation lasting weeks is HUGE. It means sustained uncertainty, which historically can send metals higher as a safe haven, despite the dollar. My short might have been a bit hasty. Maybe I should have waited for confirmation rather than just FOMOing on the news. I'm going to keep a close eye on the RSI and those pivot points. If it breaks above R1, I might even reverse and go long. Gotta be nimble with this kind of volatility, you know? This is why I love trading, the pure adrenaline!
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@jyoung61 YOLOing a whole account with 100x leverage is extremely risky. That news about Iran could easily swing both ways for silver. Be careful.