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, October 24, 2009

EU the week ahead




The pair managed to push higher in the past few sessions but failed to to maintain the high above 1.5050, weakness in the pair might attract in further selling to around the 1.4840 area where we expect to see accumulation starts for EU to go higher aiming the 1.5300 region in near term.
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