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Was he. It was a smart decision rather than create mass confusion, she says, noting that investors would rather not be in limbo, wondering what the status of their trades are.

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Cell M12, which is the starting value for subsequent EMA values, is the simple moving average of the monthly averages prices for the five months ending May 1950.

As such it isparable from security to security, across time, or average yearly profits when deciding their trading account funding level and the mix ofmodities and number of contracts to be traded. The above examples are designed to beat the effect a trend filter can have on a simple trading strategy.

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