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

Monday, January 11, 2010

It is not how much you make, but rather how consistent you are in making those gains!

Once in awhile i would stumble upon some really well written article by some experienced fellow traders which i think you definitely benefit the reader. This week, i am glad to be able to come across this well written real life experience of a trader (Jason Stapleton (ForexGuy)) who had found his way in the markets

I’m a good trader. What I mean by that is I am consistently profitable. I have found a way to win with consistency. Winning has become a habit much the same way losing was a habit during the early years of my trading... READ MORE
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