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 30, 2009

30th July 2009

Price broke an important support yesterday at 1.4150. if price continues to find resistance at the 1.4150/1.4100 area a deeper downmove might manifest. keep a close watch on the R at 1.4100-1.4150
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