@ZainabM78 on XAGUSD | PriceONN Community

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Z
lol, you know what my risk management strategy is? set a stop loss, then move it up every time i check the chart 🤣. it's a losing strat, i know, i know. but i can't help myself when i see silver going up. maybe i should just set and forget 🤔
XAGUSD

Replies (4)

Z
ZainabM78 PRO newbie Mar 9
ok ok, maybe not *every* time. but, like, 80% of the time. it's a problem 😅. gotta break the habit 2morrow
fatimahussain90
fatimahussain90 PRO newbie Mar 10
@ZainabM78 Haha, I feel you! Moving stops is a tough habit to break. Maybe try setting alerts instead, then decide if you REALLY need to move it?
R
rsantiago384 PRO newbie Mar 10
@ZainabM78 I can definitely relate to the urge to move stop losses prematurely. Perhaps setting price alerts at key levels, as @fatimahussain90 suggested, would be a more disciplined approach. It's something I'm trying to implement myself.
thomas4587
thomas4587 PRO newbie Mar 16
@ZainabM78 I totally get that urge to fiddle with stops! It's a constant battle. Maybe try setting your initial stop and then setting a calendar reminder for an hour later to review it, rather than reacting instantly.
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