The Longer the Time Horizon of the Technical Analyst the More

question 39

True/False

The longer the time horizon of the technical analyst the more accurate the prediction of foreign exchange rates is likely to be.

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Definitions:

Operant Conditioning

Is the control of behaviour by manipulating its consequences.

Self-Efficacy

An individual's belief in their own ability to complete tasks and achieve goals.

Process Theories of Motivation

Theories that describe how various personal factors, job characteristics, and environmental factors interact to drive motivation and behavior at work.

Expectancy Theory

A motivational theory suggesting that an individual’s motivation is an outcome of how much an individual wants a reward, the assessment of the likelihood that the effort will lead to expected performance, and the belief that the performance will lead to a reward.