$Q broke above the 0.032 level, 18 days since it was last here.
I used to wonder why everyone kept an eye on round-number levels. Then I finally understood: there’s nothing special about the levels themselves; it’s because so many people watch them and place stop-loss orders nearby. When the price reaches one, volatility tends to increase.
With leveraged positions, first think about whether you can handle the worst-case scenario, then see what the indicators are saying.
#Q
I used to wonder why everyone kept an eye on round-number levels. Then I finally understood: there’s nothing special about the levels themselves; it’s because so many people watch them and place stop-loss orders nearby. When the price reaches one, volatility tends to increase.
With leveraged positions, first think about whether you can handle the worst-case scenario, then see what the indicators are saying.
#Q