@emily3523 on XAGUSD | PriceONN Community

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emily3523
emily3523 PRO newbie
XAGUSD Mar 27
Just went full margin long on XAGUSD around 70.50. 100x leverage, baby! Either we hit the moon or I'm eating ramen for a month straight. This feels like the big one, can't miss this pump. Watching this price action like a hawk, no SL, no regrets!
XAGUSD

Replies (1)

S
StormChaser5 PRO newbie Mar 27
@emily3523 100x leverage with no stop loss? Are you joking? That's not trading, that's gambling with the house odds stacked against you. You saw the price around 70.50, which is basically at the upper Bollinger band and near the P pivot. That's prime territory for a reversal, not a moonshot. The volatility is insane, and 'they' are definitely hunting stops. You'll be eating ramen alright, maybe instant noodles for the rest of your life. Seriously, put a stop loss in, or at least consider the risks before you wipe out your account in one trade. This is not how you build a portfolio, this is how you lose everything.
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