$IDOL lost the 0.02 level.
A beginner’s burning question: Why do round-number levels matter?
The more often a price level is tested, the more significance people tend to attach to it. However, some argue that repeated tests can actually deplete the orders resting there.
To prices, levels are just ordinary numbers; to people, they’re a big deal.
Don’t let a single indicator throw your original plan off track, and never use borrowed money to test a hunch.
#IDOL
A beginner’s burning question: Why do round-number levels matter?
The more often a price level is tested, the more significance people tend to attach to it. However, some argue that repeated tests can actually deplete the orders resting there.
To prices, levels are just ordinary numbers; to people, they’re a big deal.
Don’t let a single indicator throw your original plan off track, and never use borrowed money to test a hunch.
#IDOL