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

Friday, March 27, 2009

27th March 2009

The price is still stucked in the down channel which created a potential bull flag. Price still creating lower highs. A confluence of resistance might be a good place to go for shorts provided the the PA confirms the resistance at the area.
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