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, April 2, 2009

2nd April 2009


The daily graph might suggest that a continuation in the recent rally might resume as we see that the LTL still holding well. In the hourly chart for today, the immediate resistance would be at the high of yesterday a clear break above this and subsequest break at the 1.3300 level might suggest further bull's power towards the 1.3340/50 levels.
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