@nicholaswalker on XAGUSD | PriceONN Community

Hey @nicholaswalker, I totally get what you're saying about stop losses. Protecting capital is super important, especially for us beginners. I'm still trying to figure out the right percentage for my account. On Friday, with all that Iran news about the Strait of Hormuz, silver jumped up quite a bit. I was thinking about entering a long trade near the 80.50 level, but I got nervous about setting a stop loss that was too tight. If it had moved against me even a little, I would have been stopped out and missed the rally. So, I ended up not trading it, which I guess is better than losing money, but I'm also missing out on potential gains. It's a tough balance to find, isn't it? Any tips on how you decide where to place those tight stops without getting stopped out by small fluctuations?