@OceanWave44 on XAGUSD | PriceONN Community
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One of my key risk management rules is never risk more than 2% of my capital on a single trade. It helps me to stay in the game even when I have a string of losses. Also, I always use stop-loss orders, no matter how confident I am in my analysis. It's better to accept a small loss than to wipe out your account. What are some of your risk management musts? 🤔
Replies
Hey @OceanWave44, I hear ya on the risk management, that's solid advice for sure. But honestly, with this XAGUSD action lately, I'm just going full YOLO. I saw that Santacruz Silver news about the RSI hitting oversold and just jumped in with 100x leverage long at 69.70. It’s either lambo or ramen tonight, right? If it dips more, I’ll just add to it until my margin call or I hit a massive TP. No point playing small when silver can move this much. Gotta feel the adrenaline, you know? NFA, but this is where the fun is.