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<p id="isPasted">The ancient trading strategy refers to a set of trading principles and practices that have been used for centuries, dating back to the time of ancient civilizations such as the Greeks, Romans, and Egyptians. While the specifics of these trading strategies varied depending on the time period and location, there are a few common principles that underlie many of them.</p><p>One key principle of ancient trading strategies is the importance of understanding the broader economic and political context in which trading is taking place. This includes understanding factors such as supply and demand, currency fluctuations, and market trends, as well …</p>
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<p>The trade by barter system is the oldest method of exchange, dating back to 6000 BC, and is often seen as the building block behind the formation of forex trading in the later years. Under the barter system, goods were exchanged for other goods. The plan later evolved, and goods like animal hides and skin, salt, and food spices which were in high demand, became popular mediums of exchange. However, the 6th century BC observed the production of gold coins. Thus, gold coins adopted the role of currency for its portability, divisibility, uniformity, and limit of supply, namely significant characteristics …</p>