Fifty Percent Principle
A prediction that a prevailing trend will succumb to a price correction of fifty percent of the change in value before continuing in its initial direction.
Did you know?
U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.
Word of the day
"Risk Aversion" - The reluctance or unwillingness to take what are considered to be risky positions.
It’s usually better to avoid trading when market activity is low.