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

Monday, March 30, 2009

Short entry 12:53


The decision for this trade was made based on the fact the EU had created another low. So a retest of the low is possible. Entry was made using the fibs level and also at the area where S turned R it was a good trade on the whole :)
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