$JCT broke through the 0.002 level.
I used to wonder why everyone watched round-number levels. Then I understood: there’s nothing special about the levels themselves. It’s because everyone watches them and places stop-losses around them, so volatility tends to increase when the price reaches them.
All the data only describes price movements that have already happened. The price could just as easily move in the opposite direction.
I used to wonder why everyone watched round-number levels. Then I understood: there’s nothing special about the levels themselves. It’s because everyone watches them and places stop-losses around them, so volatility tends to increase when the price reaches them.
All the data only describes price movements that have already happened. The price could just as easily move in the opposite direction.