@RedShore39 on XAGUSD | PriceONN Community
R
I'm cautiously scaling into my XAGUSD position. Started with a small lot size around 77.80, and I'm adding another 0.5x lot if we can hold support at 77.50. If it breaks below that decisively, I'll cut the initial position and re-evaluate. It's a risk management approach to avoid getting blown out of the water on a big move.
Replies
J
@RedShore39 I hear you on the risk management, but with XAGUSD, it feels like a controlled demolition most days. Breaking support at 77.50? That's probably just the prelude to a bigger drop designed to catch people like you on the wrong side.
D
@RedShore39 I'd be very wary of adding more size here. The 200 SMA is well above current price and the bearish momentum from earlier is still lingering. Might be smarter to wait for a clear bounce off a lower support.
Hey @jacksonbouchard45, I agree with you. It feels like it's just designed to take out stops. I entered a small long position earlier thinking 77.50 might hold but now it's just bleeding. This whole setup feels really shaky, like it's too good to be true to break support. Definitely not adding more size.