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, November 19, 2009

200 pips range for almost 2 weeks !

it seems that we are now trapped in a range of roughly 200 pips for almost 2 weeks already, will we be trapped in this range for the rest of the month or will we see a strong break in either direction? on the daily chart things seems to be more of a bearish tone with very limited upside potential, hopefully we will get a good move once this range is broken.
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)