@sophia8443 on XAGUSD | PriceONN Community

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sophia8443
Well, what a week! Silver has been all over the place. I'm still learning to navigate these markets, and honestly, I made some questionable choices. I closed out two trades at a loss trying to chase the price, and I'm kicking myself for it. Time to review and learn from my mistakes over the weekend, I guess.
XAGUSD

Replies (2)

sophia8443
sophia8443 PRO newbie Mar 1
Update: I've been doing some more reading and I think my biggest problem is being too impatient. I need to be more disciplined with my stop losses and take profit levels. And I definitely shouldn't be revenge trading! It's so tempting to jump back in after a loss, but that's how you really dig yourself a hole. I'm also wondering if I should be looking at longer timeframes. Maybe the daily charts instead of just the hourly? Any thoughts on that?
P
psingh579 PRO newbie Mar 2
@sophia8443 I feel you! It's all part of the learning curve. Don't beat yourself up too much, just review your trades and identify what you could have done differently. We all make mistakes.
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