RE: RE: It is probably best to stay away from trading until things settle down
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RE: It is probably best to stay away from trading until things settle down

RE: It is probably best to stay away from trading until things settle down

The stock market has a huge market cap and trading patterns are "well known" so movement can be predicted because you can know that a lot of traders will react according to them. Our market is so small that even one whale can influence the price going up or down so no, you can't really predict anything except the resistance levels because these are psychological barriers and as such are hard to break.

This is why it is pointless to make TA for any currency right now.

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