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 30, 2009

EU update : potential breakout of channel

with FOMC statement in less than 45 mins the fate of EU will be determined by this channel. If it breaks we will see that a potential trend change to the upside. if this channel holds EU will most likely turn bear again.
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