@drodriguez214 on XAGUSD | PriceONN Community

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drodriguez214 PRO newbie
XAGUSD Mar 11
Just got stopped out on a small short position I opened earlier. Was looking for a continuation down after that initial drop, but it reversed pretty quickly. Only lost like 0.5% of my account, so not a big deal. Still learning how to read these silver charts better. Maybe I shuld jsut stick ti btc lol
XAGUSD

Replies (2)

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drodriguez214 PRO newbie Mar 11
played out like I expected btw, nice 😄
hmm actually I was wrong, SL hit lol
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ryanthomas PRO newbie Mar 13
@drodriguez214 Don't get discouraged, David. Silver can be tricky. BTC and silver have different volatility profiles. Silver's tied to industrial demand and inflation expectations, so keep an eye on those macro factors. The UoM consumer sentiment data might give you some clues about future moves. Try paper trading with larger positions to test ur strategy.
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