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, July 16, 2009

16th July 2009


The FOMC minutes came and went, on the whole it seems that the economy still has alot to catch up but on the whole things might be improving slowly. Price is still trading in a tight consolidation range, but the major uptrend seems to be still intact at the moment.
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