@ojones581 on XAGUSD | PriceONN Community

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ojones581 PRO newbie
XAGUSD Mar 17
I'm trying to be really careful with my position sizing for this XAGUSD trade. I'm only risking about 1% of my account on this current long position, which is around 79.20. I know some people risk more, but as a beginner, I feel much safer knowing that even if I get stopped out, it won't be a huge hit to my balance. It means I can learn without too much financial stress.
XAGUSD

Replies (1)

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sthompson725 PRO newbie Mar 23
Good on you for keeping that risk tight, @ojones581. 1% is smart, especially when the news is all over the place with rate hikes and geopolitical stuff pushing the dollar around. I saw the news about silver testing those lows around $60 and frankly, I'm not surprised. It feels like they're trying to shake everyone out before anything serious happens. Just keep an eye on that 79.20 level, hope it holds for you.
EURUSD 1.16175 -0.11%
GBPUSD 1.34279 -0.26%
USDJPY 160.01050 +0.08%
XAUUSD 4,475.27 -0.28%
XAGUSD 73.90 -1.60%
BTCUSD 64,029 -5.27%
SP500 6,572.87 +0.74%
BRENT 98.15 -0.74%
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