GU Intraday - 30 June '09

Note: I went long again 10 pips above the Daily R2.

Note: Trailing stops hit on the way down for small profit.

Note: Ended up being a rather good short (see below). Made me really, really happy!!!

Note: Short below Daily S1 eventually scratched (B/E).


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Fixed Ratio Money Management

It's been a while since I last blogged about Money Management, what many consider to be the most important yet overlooked subject in trading. As one of the three (3) pillars of trading success (the other two being Mind and Method), I therefore feel that I have an obligation to share more of my thoughts on the matter.

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