What Steps Do We Follow for a Relative Value Trade

question 11

Essay

What steps do we follow for a relative value trade?

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Definitions:

Norms

accepted standards or expectations that regulate behavior within a group or society.

Milgram's Studies

Milgram's studies were groundbreaking experiments conducted by Stanley Milgram in the 1960s to explore obedience to authority, demonstrating that people are willing to follow directions from an authority figure even to the extent of inflicting pain on another person.

Electric Shocks

A form of physical stimulation or punishment involving the application of electrical current to the body.

Diffusion of Responsibility

A sociopsychological phenomenon where individuals are less likely to take action or feel a sense of responsibility in the presence of a large group of people.