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

Saturday, May 9, 2009

EU update




The NFP as expected came better than forecast, and this had significantly increase the risk appetite of investors at the moment. looking at the EU, it is now retesting the Upper trendline of the major downtrend. If we do get a break above this Trendline we might see further upside potential to retest the resistance area.

No comments:

Post a Comment