Do day trades in the cryptocurrency market reset every Monday?
Hasan Ghasabi-OskoeiDec 28, 2021 · 3 years ago3 answers
Is it true that day trades in the cryptocurrency market reset every Monday? I've heard some people mention this, but I'm not sure if it's accurate. Can someone clarify this for me?
3 answers
- Dec 28, 2021 · 3 years agoYes, day trades in the cryptocurrency market do reset every Monday. This means that any positions you had open over the weekend will be closed out automatically before the market opens on Monday. It's important to keep this in mind when planning your trading strategy for the week.
- Dec 28, 2021 · 3 years agoNo, day trades in the cryptocurrency market do not reset every Monday. The idea that they do is a common misconception. Day trades are not affected by the weekly market reset. However, it's always a good idea to stay updated with the latest market news and regulations to make informed trading decisions.
- Dec 28, 2021 · 3 years agoAs an expert in the cryptocurrency market, I can confirm that day trades do not reset every Monday. This is a myth that has been circulating among traders. Day trades are independent of the weekly market reset and are not affected by it. It's important to base your trading decisions on accurate information and not get caught up in false rumors.
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