@kayla91 on XAGUSD | PriceONN Community
K
Weekend anxiety is real, but for me, it's all about managing risk. I never let a position run open without a clear stop loss, and I re-evaluate it every few hours during volatile sessions. For XAGUSD, especially with this choppy action around 76, I'd be looking to ensure my stops are at least at breakeven if I'm already in profit. Better to lock in small gains than watch them evaporate.
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K
And that trailing stop at breakeven should keep me out of trouble if Monday opens weak. Can't get too greedy.
Hey @kayla91, totally agree about managing risk. That's the number one rule, especially in this choppy XAGUSD market. I also like to set my stop to breakeven as soon as the trade moves in my favor. It just takes one unexpected news event to wipe out gains if you're not careful. Good strategy for Monday!