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, September 3, 2009

tips for going naked in the markets



to trade without indicators is kinda tough at the beginning, but one would get use to it quickly if we pay enough attention to Support and Resistance areas. For me the key to successful naked trading is to be able to identify S/R levels in the markets. Here are some basics to get one started in SR levels entry.

1 comment: