Category: Traders

Retail Traders Continue Their Insanity With Office Depot
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Retail Traders Continue Their Insanity With Office Depot

Shares of Office Depot had a 10-for-1 split on Wednesday. Retail traders jumped in, making it the largest gainer on Robinhood. A reverse split, like a stock split, doesn’t change the fundamentals. Retail traders continue making some unusual moves in the market. Their latest? Piling into shares of Office Depot (NASDAQ:ODP). Retail Traders Love Splits…

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Liquidated Traders are Furious as XRP Crashes 56% on Bitmex
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Liquidated Traders are Furious as XRP Crashes 56% on Bitmex

Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons. One of its newest products, the XRP/USD Perpetual Quanto Swap Contract, lost…

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Dow Futures Soar as Traders Laugh Off ‘Weak’ Trump Impeachment
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Dow Futures Soar as Traders Laugh Off ‘Weak’ Trump Impeachment

Dow Jones Industrial Average (DJIA) futures point to new record highs on Thursday. Trump’s impeachment trial moves to the Senate today, but acquittal is overwhelmingly likely. Stock market has gained 9% since impeachment investigation started. Investors just “don’t care” Donald Trump’s impeachment moves to the Senate today, making him only the third president in history…

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Traders Turn Bullish on Altcoins as Bitcoin Selloff Continues
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Traders Turn Bullish on Altcoins as Bitcoin Selloff Continues

Bitcoin’s price action has given traders very little to be excited about. The chop between $10,000 to $8,000 is giving traders reason to anticipate an altcoin season. One margin trader has even gone on the record and said that alt season has already begun. The number one cryptocurrency has been in a slow bleed ever…

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Multiple Traders Predict an Incoming Altseason in Crypto
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Multiple Traders Predict an Incoming Altseason in Crypto

Most cryptocurrencies other than bitcoin have been languishing in crypto winter for over two years. This is particularly true for alternative coins, or altcoins, in their bitcoin (BTC) pairs. Most have lost over 90 percent of their value from their peak. However, the winds appear to be changing. Many altcoins have lost so much value…

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Dow Futures on Edge as Traders Fear Democrat White House
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Dow Futures on Edge as Traders Fear Democrat White House

The Dow Jones Industrial Average (DJIA) futures market was cautiously higher in early trading Thursday, pointing to an uncertain open on the US stock market. It comes as traders grow increasingly nervous about the prospect of a Democrat White House in 2020. Specifically, an Elizabeth Warren White House. According to an RBC Capital Markets survey,…

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Bitcoin Traders Brace for More Bigger Losses after 15% Shock Drop
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Bitcoin Traders Brace for More Bigger Losses after 15% Shock Drop

The bitcoin price (BTC) has fallen by more than 15 percent in the past three days but traders see a bottom further down below. The bitcoin price (BTC) abruptly dropped by 15 percent and traders anticipate a deeper pullback (source: coinmarketcap.com)Many traders anticipated the bitcoin price to briefly recover to the $9,000 region which has…

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Bitcoin Traders Fear Sub-$10,000 Drop if This Key Level Breaks – CCN.com
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Bitcoin Traders Fear Sub-$10,000 Drop if This Key Level Breaks – CCN.com

A big pullback awaits if bitcoin slips below a key psychological level, according to traders. | Source: ShutterstockThe bitcoin price has dropped from $10,968 to $10,285 in the past three days. If BTC fails to remain above $10,100, traders anticipate a bigger pullback below the $10,000 level.Since early August, the bitcoin price has demonstrated volatility…

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