$UAI Broke below the 0.1 level.
When I first got into the trading community, I didn't understand why everyone watched round-number levels. Gradually, I realized: the levels themselves aren't magical. It's because everyone watches them and places stop-losses around them that prices tend to become more volatile when they reach these levels.
Understanding an indicator is meant to keep you from being spooked by a single number, not to help you pinpoint tops and bottoms.
#UAI
When I first got into the trading community, I didn't understand why everyone watched round-number levels. Gradually, I realized: the levels themselves aren't magical. It's because everyone watches them and places stop-losses around them that prices tend to become more volatile when they reach these levels.
Understanding an indicator is meant to keep you from being spooked by a single number, not to help you pinpoint tops and bottoms.
#UAI