View Profile Bomar
Bomar
Joined Dec 2023Website:
Location:
Trading:
Trading Expierence:
Activity
-
What are the key characteristics of a public blockchain? Community
A public blockchain is a decentralized, open, and transparent digital ledger accessible to anyone with an internet connection. Its key characteristics include:
-
How does the ask price differ from the bid price? Community
The ask price and the bid price are fundamental concepts in trading, representing the two sides of a market transaction. The ask price, also known as the offer price, is the lowest price at which a...
-
Importance of time frame in Forex Community
The choice of time frame in forex trading is a critical factor that influences trading strategy, risk management, and profitability. Time frames determine the duration over which price movements are...
-
What is UK oil? Community
UK oil, commonly referred to as North Sea oil, is petroleum extracted from oil fields in the North Sea, primarily within the territorial waters of the United Kingdom. Discovered in the 1960s, North...
-
What does a Renko chart tell you? Community
A Renko chart is a type of financial chart used in trading that focuses on price movement rather than time. It filters out minor price fluctuations, highlighting significant trends and potential...
-
Limitations of scalping Community
Scalping, a trading strategy focused on short-term price fluctuations, has inherent limitations. The frequent and rapid trading may result in high transaction costs, eroding profits. Market volatility...
- Show more