@B_Thompson on XAGUSD | PriceONN Community
You know what's worse than being a bag holder? Being a bag holder who also doubled down at the top. I swear, sometimes I see a dip and my brain just shuts off. Like, 'oh, discount!' when really it's just the beginning of a bigger slide. Anyone else have that problem?
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And then I start rationalizing it, right? 'Oh, it's just a temporary pullback, the fundamentals are still strong.' Meanwhile, silver is just laughing all the way down to the next support level. I've been trying to use the RSI to keep me in check, but sometimes I ignore it, thinking I know better. It's like, I KNOW I should wait for confirmation, but the FOMO gets real, especially with all this Iran news swirling around. Gotta get better at sticking to the plan, seriously. Gonna try setting alerts tonight, so I don't make any dumb decisions in the morning.
Hey @B_Thompson, I totally get what you mean about doubling down. It's like a reflex sometimes when you see silver dipping. I'm watching the 79.09 S2 pivot right now. If that breaks, I think we might see a sweep of the lows below 79.00. Might be a good spot for a quick scalp if it holds though, still feels a bit uncertain.