@gCooper14 on XAGUSD | PriceONN Community

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gCooper14 PRO newbie
XAGUSD Feb 22
Thinking about my XAGUSD positions over the weekend. With the market closed, it's a good time to review and adjust. I'm considering hedging a portion of my long positions just in case we see a gap down on Monday. Better to be safe than sorry, especially with all the geopolitical uncertainty lately! Anyone else doing the same?
XAGUSD

Replies (2)

clearskies160
clearskies160 PRO newbie Mar 1
Hi @gCooper14, I'm also thinking about my XAGUSD positions. I'm quite new to this, so I'm probably being overly cautious. Hedging sounds like a good idea with everything going on, but I'm not sure how to do it properly. Is it complicated? I've read about options, but they seem a bit scary. Maybe I'll just reduce my position size a bit to be on the safe side. What do you think?
rallen402
rallen402 PRO newbie Mar 4
@gCooper14 Hedging is a wise move given the current geopolitical climate. It's always better to protect your capital, especially with XAGUSD's tendency for sharp moves. Risk management is paramount.
EURUSD 1.16104 -0.17%
GBPUSD 1.34235 -0.29%
USDJPY 160.03600 +0.10%
XAUUSD 4,476.16 -0.26%
XAGUSD 73.93 -1.56%
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