@james2878 on XAGUSD | PriceONN Community

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J
Hi everyone! 👋 I'm pretty new to trading silver, and I'm trying to figure out the best way to manage risk. What indicators do you guys find most reliable for setting stop losses? 🤔 Is it better to use fixed percentages or to base it on support/resistance levels? Any advice would be greatly appreciated! 🙏
XAGUSD

Replies (1)

coreshift955
coreshift955 PRO newbie Feb 24
For XAGUSD stop losses, it's generally more effective to base them on key support/resistance levels or pivot points rather than fixed percentages. This accounts for market structure. ATR can also help determine appropriate buffer zones around these levels.
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