Quotes of the Day

By looking at the higher time frames one can see what the direction of the major trend is and where the support and resistance levels are. The 60-minute time frame is extremely important because I think it defines the intermediate (2 to 5 days) move. By trading in its direction, I believe you will get the most momentum out of a trade, as long as there is no support or resistance level or it is not in overbought or oversold territory. It is much easier to wait for an opportune moment to enter a trade and control risk by using the 1-, 5-, and 10-minute charts. [2003] - Marcel Link

Spending on oneself does not boost wellbeing. However, spending money on others does —— and it appears to be as important to people's happiness as the total amount of money they make. [2010] - Tom Rath

Although some detractors may deem Elliott Wave analysis as too subjective to be consistently effective, the fact that scores of successful traders have long abided by the tenets of this theory makes this a trading methodology that should not be ignored by traders. [2009] - James Chen

Stone fruit are summer fruits known for sweet flesh bursting with juice, and a pit in the center, the stone. You’ll recognize them instantly: peaches, plums, nectarines, apricots, cherries, mango, and even lychee. Two studies from the U.S. National Cancer Institute and the University of Illinois at Chicago showed that consuming two medium-size stone fruits per day is associated with a 66 percent decreased risk of esophageal cancer and an 18 percent decreased risk of lung cancer in men. Plums have three times the amount of cancer-fighting polyphenols compared to peaches. [2019] - William W Li

Sometimes we may have more losing trades than winners but our winners are so much larger that the profits continue to accrue. [2004] - Bill Williams