$STRK fell below the 0.1 level.
Let’s use this data to break down round-number levels.
The rounder the number, the more people tend to watch it. Major levels such as whole tens of thousands or hundreds of thousands tend to attract more attention than ordinary round numbers.
Many people use these levels as a reference for position sizing: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the signals are saying.
#STRK
Let’s use this data to break down round-number levels.
The rounder the number, the more people tend to watch it. Major levels such as whole tens of thousands or hundreds of thousands tend to attract more attention than ordinary round numbers.
Many people use these levels as a reference for position sizing: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the signals are saying.
#STRK