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Tag: Opportunity Cost

Opportunity Cost

Opportunity Cost

All trading decisions should be viewed through the lens of opportunity cost. You want to maximise the amount of money you make by spending your time in the most useful manner. The concept of opportunity cost comes from the field of microeconomics so some of you may be familiar with it already. Opportunity cost is just a fancy word for trade-off. When we do one thing we won’t be able to do something else. It is the cost of missing…

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