Sara
Wed Nov 06 2024
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5 answers
937
Why do traders use Fibonacci?
Traders use Fibonacci because it provides a mathematical basis to identify potential support and resistance levels in the market. These levels, derived from Fibonacci sequences and ratios, help traders make informed decisions on entry and exit points, thereby enhancing their trading strategies.
henry_miller_astronomer
Mon Nov 04 2024
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7 answers
1196
Is CMT good for traders?
I'm a trader and I'm considering using CMT. I want to know if it's beneficial for traders like me. Can someone explain the advantages or disadvantages of CMT specifically for trading purposes?
Daniele
Sat Oct 19 2024
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6 answers
1204
How do traders make money?
Traders make money by buying and selling assets such as stocks, bonds, commodities, or currencies. They profit from correctly predicting market movements, buying low and selling high, or vice versa if they're short-selling. Risk management and market analysis are key to their success.
TopazRider
Sun Oct 13 2024
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5 answers
1147
Who are the local traders?
I'm interested in knowing more about the local traders in this area. I want to understand who they are, what they do, and their impact on the local economy.
TaegeukChampionCourage
Sun Oct 13 2024
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6 answers
1543
Why do 95% of traders lose money?
I've heard that most traders, about 95% of them, end up losing money. I'm curious to understand the reasons behind this high failure rate. What are the common mistakes or factors that lead to such widespread losses among traders?
