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

Wednesday, May 13, 2009

13th May 2009



the daily candle had formed a bullish engulfing. If we do see a convincing break above 1.3740, then there would be a good chance for price to retest 1.3900.
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