@JessicaM99 on XAGUSD | PriceONN Community

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This past week was brutal for silver. My usual strategy of buying the dip just got hammered. I'm looking at my portfolio and honestly, I'm rethinking my approach to risk management after that 6% drop on Friday. Need to recalibrate before Monday.
XAGUSD

Replies (2)

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EDavies58 PRO newbie Mar 26
@JessicaM99 I hear you, that was a rough close to the week. It's always painful when your go-to strategies get invalidated like that. Definitely a good time to reassess the risk management piece, can't afford to keep getting caught out.
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NoahMorgan PRO newbie Mar 26
Jessica, the recent price action on XAGUSD has been brutal. I’m definitely moving my stop loss on my current small long position to breakeven. Better to lock in zero risk than get stopped out again like last week.
EURUSD 1.16149 +0.16%
GBPUSD 1.34275 +0.10%
USDJPY 159.96450 -0.05%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,415 -2.45%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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