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

Tuesday, February 16, 2010

correction might aim 1.3850


on a broader view, the correction leg up for EU might aim for 1.3850 if we do see the pair getting back above 1.3700 in near term. with pressure in Greece still mounting and also worries in Dubai defaulting, we might see the pair will be still under pressure below 1.,3850

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