👀 $UAI breaks through the 0.14 level!
Don’t get carried away just yet—understand round-number levels before making a move 👇
Round-number levels get a lot of attention mainly because people tend to place orders and take-profit targets around them, so orders often cluster there. That’s why they’re also called psychological levels.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to trade on gut feeling.
Don’t get carried away just yet—understand round-number levels before making a move 👇
Round-number levels get a lot of attention mainly because people tend to place orders and take-profit targets around them, so orders often cluster there. That’s why they’re also called psychological levels.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to trade on gut feeling.