$XAN fell below the 0.01 level.
When I first got into trading, I couldn’t understand why everyone kept watching round-number levels. It gradually dawned on me: these levels have no magic of their own—it’s because so many people watch them and place orders nearby that price movements become more pronounced when the market reaches them.
It’s easy to learn how to read indicators. The hard part is sticking to your plan when the market is at its most volatile.
#XAN
When I first got into trading, I couldn’t understand why everyone kept watching round-number levels. It gradually dawned on me: these levels have no magic of their own—it’s because so many people watch them and place orders nearby that price movements become more pronounced when the market reaches them.
It’s easy to learn how to read indicators. The hard part is sticking to your plan when the market is at its most volatile.
#XAN