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Five fatal flaws of trading

Thu, Aug 27 2009, 14:11 GMT
by Forex Journal's Collaborators

The Forex Journal


This article is taken from the Forex Journal (August 2009 issue).

The author, Jeffrey Kennedy, is the Chief Commodity Analyst at Elliott Wave International (EWI). With more than 15 years of experience as a technical analyst, he writes and edits Futures Junctures, EWI’s premier commodity forecasting package.

  • If you have been trading for some time, you have no doubt felt like an invisible ‘hand’ sometimes reaches into your trading account and takes out money. Jeffrey Kennedy looks at the five fatal flaws that help that ‘hand’ keep taking money from your account.

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Other article in this issue:

DPR International Pte Ltd  | One Raffles Place, OUB Centre #18-01, Singapore 048616
http://www.forexjournal.com/ | editor@forexjournal.com

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This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the authors and the publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. In commodity trading, as in stock, and mutual fund trading, there can be no assurance of profit. Losses can and do occur. As with any investment, you should carefully consider your suitability to trade and your ability to bear the financial risk of losing your entire investment. It should not be assured that the methods, techniques, or indicators presented in this magazine will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples in this magazine are for educational purposes only. This is not a solicitation for any order to buy and sell. The information contained herein has been obtained from sources believed to be reliable, but cannot be guaranteed as to accuracy of completeness, and is subject to change without notice. The risk of using any trading method rests with the user.

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