Jorge G. Larangeira

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pockets. Still, a by-now substantial body of economics research suggests that there is, indeed, money to be made in such a “trend-following” strategy; how much, and whether it is worth the risk and expense, is a matter of debate. But clearly, the market pros have already voted: More than half of currency speculators play some form of trend-following game, market analysts estimate.
The (Mis)Behavior of Markets
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