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

EU update 19:40


The price really bounced from the channel ceiling today with all the resistance there at the area. The bulls finally gave in and EU dropped right from the channel ceiling to the floor.
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