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Theyre usually talking about pivot points and their respective support and resistance levels. Traders use them to help predict price movements, and thereby decide where to take profits on their trades or limit their potential losses. A pivot point is a price level that reflects.
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It is very unlikely that you are going to be able to earn several hundred percent a day consistently over time. To do this you would have to be able to predict the market almost perfectly. Something that is almost impossible to do. It is.
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