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Support and resistance are important concepts in technical analysis used by traders to identify key levels in the price movement of a financial instrument. Support levels are where buying is expected to be strong, while resistance levels are where selling is expected to be strong. These levels...
Crypto and forex are both forms of currency trading, but there are some key differences between them:
Nature of the markets: The forex market is the largest and most liquid financial market in the world, with a daily trading volume of around $6.6 trillion. It is a decentralized market that...
Whether it is better to invest or save money depends on your financial goals and personal circumstances. In general, it is a good idea to have a balance of both saving and investing.
Saving is important for building an emergency fund, which can cover unexpected expenses such as medical bills or...
Managing a small trading account requires discipline, patience, and a sound trading strategy. Here are some tips to help you manage your small trading account:
Set realistic goals: Your trading goals should be realistic and achievable, taking into account the size of your account. Don't expect...