Anatomy Of A Trade: Knowing When You Are Wrong ...Middle East

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Anatomy Of A Trade: Knowing When You Are Wrong
source : OILPRICE ( Middle East ) () 33
In the market analysis and financial punditry field where I live and work, admitting that you got something wrong or that a move took you completely by surprise is frowned upon. We are all supposed to believe, or at least make others believe, that we are infallible, that we only make good calls, and that we see everything coming. That may be a good attitude from a self-promotion and marketing perspective, but it is not very helpful to the reader. The fact is that in trading and investing, we all make mistakes. Whether or not you can recognize them…

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