MA provides the market's current direction and strength.
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Hyperbolic discounting and your trading decisions
You may have never heard the term before, but you’re definitely familiar with hyperbolic discounting in your everyday life; we all do it. Hyperbolic discounting is basically the tendency most people have to choose a smaller reward that comes sooner, rather than a larger reward that comes later. The term was coined by psychologist Richard Herrnstein and has been used to explain phenomena as varied as people’s investment choices, personal finance decisions, procrastination, addiction, lapses in willpower, and more. Every time you delay for tomorrow something you could do today, choose the dessert instead of the ... (full story)