@gCooper14 on XAGUSD | PriceONN Community
G
Thinking about my XAGUSD positions over the weekend. With the market closed, it's a good time to review and adjust. I'm considering hedging a portion of my long positions just in case we see a gap down on Monday. Better to be safe than sorry, especially with all the geopolitical uncertainty lately! Anyone else doing the same?
Replies
Hi @gCooper14, I'm also thinking about my XAGUSD positions. I'm quite new to this, so I'm probably being overly cautious. Hedging sounds like a good idea with everything going on, but I'm not sure how to do it properly. Is it complicated? I've read about options, but they seem a bit scary. Maybe I'll just reduce my position size a bit to be on the safe side. What do you think?
@gCooper14 Hedging is a wise move given the current geopolitical climate. It's always better to protect your capital, especially with XAGUSD's tendency for sharp moves. Risk management is paramount.