Quotes of the Day

Find markets in which the short-term trends on the daily and weekly charts are pointing in the same direction. Markets you need to be cautious about are those in which the trends on the weekly and daily charts are moving in the same direction but price is at or near historical low or highs (support or resistance) and in which there is double divergence or more on the daily chart as measured by the MACD. [2010] - Jay Norris

More and more Yellow Pages advertisers are including a photograph of themselves. If you honestly look warm and friendly and can convey this with a professional photograph, and if a galaxy of competitors aren't using their photos, you might give it a shot--especially in a business where there is a lot of one-on-one contact. Generally, photos are better than artwork. Artwork is better than no artwork. [1998] - Jay Conrad Levinson

The most expensive advice you can receive is free advice. It is advice from your friends and relatives who are not rich and have no plans on becoming rich. [2002] - Robert T. Kiyosaki

The perfect balance between risk and reward is 1:1.5 or more – i.e. for every dollar you risk you should be able to make at least $1.50. In other words, if you apply a stop loss of $100, your profit target should be at least $150. [2008] - Markus Heitkoetter

Fall in love with the deal, not the property. [2001] - Dolf de Roos