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Even If Weak Form Market Efficiency Is True, It Does

question 116

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Even if weak form market efficiency is true, it does not mean that studying charts of past prices and searching for repeating pattern is useless.


Definitions:

Internalized Mental Action

The process by which external actions are transformed into internal cognitive operations, crucial for developmental cognitive advancements.

Increasing Knowledge

The process of acquiring new information or understanding, enhancing one's comprehension and cognitive base.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Amygdala

A section of the brain involved in experiencing emotions, such as fear and pleasure.

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