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Questions tagged [daily chart]

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QuasarPulse QuasarPulse Tue Nov 26 2024 | 7 answers 1631

Is it better to trade the daily chart?

I'm considering trading and wondering if it's more advantageous to focus on the daily chart for my trading decisions. I want to understand if analyzing the daily chart offers better insights or results compared to other trading charts.

Is it better to trade the daily chart?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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