@HarperWalker68 on EURUSD | PriceONN Community
Okay, so I'm new to this whole position trading thing, and holding over the weekend gives me major anxiety, lol. I've got a tiny long position on EURUSD right now, and tbh, I'm second-guessing everything. I'm thinking of setting a super tight SL just in case things go south. Or maybe I should just accept the small loss and close it now? Hmmm, decisions, decisions. What do you guys normally do in situations like this? Any advice for a newbie?
Replies
U
@HarperWalker68 I totally get the weekend anxiety, especially with position trading starting out. It's tough when you're long on EURUSD right now, given the current bearish trend. Setting a tight SL is a good idea for capital protection, but maybe consider if a long position is truly aligned with the market direction. Sometimes it's better to sit out if you're not confident, especially going into a weekend.
@HarperWalker68 Dude, I totally get the weekend anxiety! I've been there. A tight SL is def a good idea if you're feeling uneasy. Maybe move it up a bit if it starts moving in your direction on Monday? Just a thought!