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A discount received is the reverse situation, where the buyer of goods or services is granted a discount by the seller. The examples just noted for a discount allowed also apply to a discount received. Sales discounts are not technically expenses because they actually reduce the price of a product. As you can see, full...Read More
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Both cognitive and emotional biases can affect decision-making processes, including those related to trading and financial markets. Traders need to be aware of and manage these biases to make more rational and informed decisions. Understanding cognitive and emotional biases is essential for developing effective strategies to mitigate their impact and improve decision-making in not just...Read More
With leverage, you only have to put up a fraction (the margin) of your position’s full value to open a trade. When you buy a currency pair, the price you pay is called the ‘ask’ and when you sell it’s called the ‘bid’. The most-traded currency worldwide is the US dollar, which has the ticker...Read More
