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Porter
Joined Dec 2023Website:
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Importance of time frame in Forex Community
The choice of a time frame in forex is critical, as it aligns trading strategies with market behaviour and personal preferences. Short time frames, such as 1-minute or 5-minute charts, suit scalpers...
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How does trading cryptocurrencies differ from trading stocks? Community
Trading cryptocurrencies differs from trading stocks in several key aspects. Cryptocurrencies operate on decentralized blockchain networks, while stocks represent ownership in companies and trade on...
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What is NIKKEI 225 index? Community
The NIKKEI 225 is a leading stock market index representing the performance of 225 prominent companies listed on the Tokyo Stock Exchange (TSE). Established in 1950, it serves as a barometer of...
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What are the advantages of holding an overnight position in forex? Community
Holding an overnight forex position offers several advantages, especially for traders with specific strategies. First, it allows positions to capture potential market movements during global sessions,...
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What is random walk theory? Community
Random walk theory suggests that stock market prices evolve according to a random walk and thus cannot be predicted. Developed by economists like Burton Malkiel, this theory posits that changes in...
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What is cryptocurrency mining? Community
Cryptocurrency mining is the process of validating and recording transactions on a blockchain. It involves solving complex mathematical puzzles using computer hardware. When miners solve these...
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