The graphic representation of the movement of an asset’s price over time.

A price action simply refers to the movement of the price of an asset or commodity over time as captured in a chart. Because of this graphic representation across units of time, traders are able to identify periods when prices were high, low, rising, falling, etc. Thus, price actions help observers monitor the historical or live movement of an asset or commodity price, thereby allowing the observer to decide on whether to buy, sell, or continue watching the price trend.

Price actions are generally the most fundamental factor for all kinds of technical market analysis. They serve as the most important part of predictive algorithms.

A figurative concept used to encourage and promote collective interest over personal interest.

The Prisoner’s Dilemma is an allegory that encourages the kind of decision-making that benefits a group rather than an individual. This allegory is largely used as an application of Game Theory, especially in scenarios when personal benefit appears to outclass group benefit. In the corporate world, the concept of the prisoner’s dilemma derives its value from the emphasis on cooperative courses of action where risks and rewards are shared.

Prisoner’s dilemma was put forward by a group of mathematicians. The original idea centered around two criminals choosing whether or not to testify against themselves. Ultimately, as long as both criminals keep silent, they would get a lighter sentence than if only one testifies or both of them testify.

A popular term for describing deceptive investment schemes where investors lose all their money after a time.

A Ponzi scheme is a popular term used to describe dishonest investment opportunities and schemes. Such schemes are often characterized by overly high return on investments and hazy methods of business operation. However, because the potential profits are high, many new investors commit themselves financially and usually end up losing most or all of their funds. This loss often comes after the founder of the scheme disappears with investors’ funds or applies for bankruptcy.

Ponzi schemes were named after an Italian swindler from the 1920s, Charles Ponzi. He duped many different people with his schemes and inadvertently developed the framework for these kinds of cons. Cryptocurrency skeptics often describe it as a ponzi scheme that will eventually collapse.

Price Action

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