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

EU update 22:04

the eu rate decision further strenghten the point that the USD seems of less value at the moment. EU rised to hit the 61.8 fibs and also the Bull Flag Ceiling created last month. 1.3500 serves as resistance now.
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