The Secret of Successful Trading

"Successful traders have a larger edge and better money management than unsuccessful traders. Unlike popular belief however, this study shows that the smaller edge of successful traders is not the cause of their failure. Traders' failures can be explained almost exclusively by their poor money management practices."

"The Secrets of Successful Trading", Fernando Diaz

Thursday, March 19, 2009

19th March 2009

Phew... after been busy for the past few days, now things are back to normal and i'm on track with my daily routine again. The EU broke an important resistance level of 1.3100 yesterday after the announcements from the FED. The pair shot up towards 1.3500 about 400 pips from the news that about FED's plan for the economy. we might see EU testing 1.3600 and 1.3850 in this coming weeks if the pair manage to secure its gains this week.
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