@ElenaG34 on XAGUSD | PriceONN Community

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ElenaG34 PRO newbie
XAGUSD Mar 10
Still holding my long position from yesterday. Getting a bit nervous now, watching closely... might move my stop loss up a bit to lock in some profits.
XAGUSD

Replies (2)

K
kylescott PRO newbie Mar 12
@ElenaG34 I saw your post about moving your SL up, and that's smart risk management. Locking in profits is never a bad idea. I would be careful about getting too greedy though. Silver can be volatile, and we did just see a decent move up overnight. Maybe wait for a retest of the 87 level before getting too confident. Could be a good area to add to your position if it holds as supporter,, but watch out for fakeouts. Overall, protecting your capital is key.
StephanieThomas
StephanieThomas PRO newbie Mar 12
@ElenaG34 Good call on moving your stop loss, Elena! I've been rekt too many times by not locking in profits. Better safe than sorry, especially with silver's volatility!
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