$50 Bonus Hey there! Iam also a newbie.Iam trying to learn as much as I can about the forex market and start trading hopefully very soon!! For instance, something that many beginner traders struggle with is increasing the size of their trade only because they are hoping to make more money.
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Now let's say I have the same coin, but this time if heads is hit, you would triple your net worth; but when tails was hit, you would lose every possession you own. Would you flip that coin? My guess is you would not because one bad flip of the coin would ruin your life. Even though you have the exact same percentage advantage in this example as the example above, no one in their right mind would flip this coin.
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Ancient » PowerYourTrade Gençay, R.: Linear, non-linear and essential foreign exchange rate prediction with simple technical trading rules. Journal of International Economics 47, 91–107 (1999)CrossRefGoogle Scholar
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Get Your School Listed Kimoto, T., Asakawa, K., Yoda, M., Takeoka, M.: Stock market prediction system with modular neural networks. In: 1990 International Joint Conference on Neural Networks, vol. 1, pp. 1–6 (1990)Google Scholar
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All exchange rates are susceptible to political instability and anticipations about the new ruling party. Political upheaval and instability can have a negative impact on a nation's economy. For example, destabilization of coalition governments in Pakistan and Thailand can negatively affect the value of their currencies. Similarly, in a country experiencing financial difficulties, the rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive/negative interest in a neighboring country and, in the process, affect its currency.
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