I just saw that some new traders on the exchange often get confused about these symbols K, M, B, E, T. Actually, it's simple, just remember this formula and you're good.

K means thousand (1K = 1k), M means million (1M = 1 million), E is 100 million, B is billion (1B = 1 billion). And 1T is one trillion, which is a thousand billion, a huge number.

I often see new traders looking at the chart at first and not understanding what they're looking at, then thinking it's some currency unit. In fact, it's just shorthand for easier price tracking. When you see 1K, it means 1k; if it's 1M, it means 1 million. Understanding this will help you avoid confusion when viewing charts or reading market news. Does anyone else still get confused?