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V. 19:14 Aug (85): Quick Scan: Trade Simulator Version 5.0 by John Sweeney
V. 19:14 Aug (85): Quick Scan: Trade Simulator Version 5.0 by John Sweeney
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Quick Scan: Trade Simulator Version 5.0 by John Sweeney
Wouldnt it be wonderful if there were perfect rationality in the markets? We could all invest our extra cash and focus on our rosy future without worries. However, since what the securities people sell us are all subject to the uncertainties that plague human endeavor, we must deal with a certain amount of randomness. And uncertainty inspires a certain amount of superstitious belief. Wed like to call it the psychology of the market, but since it cannot be proven, its also inductive and heuristic (using rules of thumb).
Wouldnt it be wonderful if there were perfect rationality in the markets? We could all invest our extra cash and focus on our rosy future without worries. However, since what the securities people sell us are all subject to the uncertainties that plague human endeavor, we must deal with a certain amount of randomness. And uncertainty inspires a certain amount of superstitious belief. Wed like to call it the psychology of the market, but since it cannot be proven, its also inductive and heuristic (using rules of thumb).
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