Quotes of the Day

We don’t determine the entry price, stop price, or initial capital exposure. The market does so by the range of bars it is making. We don’t control the potential risk of the setup. We do control whether to accept the risk or not, and we do control the position size. [2009] - Robert C. Miner

I sometimes like to exit one-third of my position with a small profit on the first wave; the next one I’ll cover where I would have covered if I had been trading only one contract, and for the final third I’ll hold, trying to capture the big move. If it doesn’t work immediately, you want to exit a third of your position quickly; with the other two-thirds you may use your normal stop area or exit when you know the trade is hopeless. [2003] - Marcel Link

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income. [1998] - Robert T. Kiyosaki

Eating a diet rich in natural plants can raise health issues if it is not supplemented property. Though a vegan diet may be the most lifespan-favorable diet, there are drawbacks and risks from lack of exposure to beneficial nutrients, such as vitamin B12, zinc, and docosahexaenoic acid (DHA), which are more readily available in animal products. Deficiencies and even chronic insufficiencies of these three micronutrients can have life-threatening consequences. [2020] - Joel Fuhrman

Gold is commonly viewed as a hedge against inflation, an alternative to the U.S. dollar, and as a store of value in times of economic or political uncertainty. Over the long term, the relationship is mostly inverse, with a weaker USD generally accompanying a higher gold price, and a stronger USD coming with a lower gold price. Overall, the gold market is significantly smaller than the forex market, so if we were gold traders, we’d sooner keep an eye on what’s happening to the dollar. [2007] - Mark Galant