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

Monday, June 8, 2009

EU the week ahead


The rally in EU seems to have found resistance at 1.4350. The formation of the inverted hammer in the weekly chart might hint possible retracements.
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