What are the implications of the fair value gap on thinkorswim for cryptocurrency traders?
Abhi reddyMay 02, 2022 · 3 years ago1 answers
Can you explain the impact of the fair value gap on thinkorswim for cryptocurrency traders in detail? How does it affect their trading strategies and decision-making process?
1 answers
- May 02, 2022 · 3 years agoAs a representative of BYDFi, I can say that the fair value gap on thinkorswim is an important consideration for cryptocurrency traders. It provides an opportunity for traders to take advantage of price discrepancies and potentially make profits. However, it's crucial for traders to exercise caution and conduct proper risk management. Traders should not solely rely on the fair value gap as a trading strategy but rather use it as one of the factors to consider when making trading decisions. Additionally, it's important to note that the fair value gap can vary across different exchanges, so traders should also consider the fair value gaps on other platforms when evaluating the implications on thinkorswim.
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