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Danno
Joined Mar 2024

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Is Meta Trader safe for making money? Community
MetaTrader, whether MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is generally considered safe software for trading, but its safety for making money depends on how it is used. The platform itself is just...
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How can traders improve their skills in pattern trading? Community
Traders can improve their skills in pattern trading by combining study, practice, and discipline. First, they should learn to recognise common chart patterns such as head and shoulders, double tops,...
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What is Grayscale Bitcoin trust? Community
Grayscale Bitcoin Trust (GBTC) is a financial investment product that allows people to gain exposure to Bitcoin without directly buying or storing the cryptocurrency. Operated by Grayscale...
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What are the key components of a monetary account? Community
A monetary account is a financial record that tracks an individual’s or organisation’s cash and cash-equivalent holdings. Its key components include the account balance, which shows the total...
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What is the difference between trend lines and moving averages in Technical Analysis? Community
Trend lines and moving averages are both popular tools in technical analysis, but they serve different purposes. A trend line is a straight line drawn across significant highs or lows on a price chart...
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What is the bull bear power indicator? Community
The Bull Bear Power (BBP) indicator, developed by Alexander Elder, measures the strength of buyers (bulls) and sellers (bears) in the market. It is calculated by subtracting a 13-period Exponential...
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