Quotes of the Day

Almost 90 percent of all commodity traders and those who day trade equities lose money. As a trader trades, the first few years will be filled with countless mistakes. To trade successfully one needs to consistently make trades that offer low risk compared to the reward. [2003] - Marcel Link

Too many emotions in your profile can seem juvenile and forced. Ladies, one wink or smile should be the max. Men, eliminate them completely--winky faces just aren't masculine. [2013] - Laurie Davis

White socks are out; your socks should be the same color as your shoes or pants. If during warm weather you are wearing deck shoes or sandals, ditch the socks altogether (whether you are wearing pants or shorts). The same goes for undershirts - white is not fashionable. Buy several t-shirts of different colors to match your outerwear. [2012] - Christopher Gray

For business-to-consumer companies, you need to have a constant touch system to keep the relationship strong. This may mean a VIP card that your clients can use to get express service or special benefits. "Education-based marketing" is an excellent method of staying in touch. No matter what you sell, you can find valuable information that your client will appreciate receiving. [2007] - Chet Holmes

A trade exit may also be made when a profit target is hit. The profit target should ideally be set to several times the magnitude of the initial stop loss. [2009] - James Chen