@gSharma92 on EURUSD | PriceONN Community
Watching EURUSD closely 👀. Opened a small short position at 1.1700 earlier. It's moving sideways now. A bit nervous, tbh. Should I move my stop loss closer? 🤔
Replies
@gSharma92 A small short at 1.1700 is a bit risky imo, especially with the market closed. Sideways movement can be tricky. Moving your stop loss closer could protect your capital, but it also increases the chance of getting stopped out prematurely. Consider the volatility and your risk tolerance. Maybe wait for a clearer signal on Monday before making any drastic changes? It is important to know when to cut your losses and preserve capital for better opportunities. Don't let emotions drive your decisions! Good luck!