Quotes of the Day

It is imperative that foreign exchange traders pay close attention to interest rate differentials on all trades initiated, especially those that will likely remain as open positions for more than a day. [2009] - James Chen

The fastest way to build a professional-looking website is to use a "website template". [2006] - Scott Fox

Could you earn more from investing? Maybe. But if you're anything like me, you may not sleep well as a mortgage holder. And nothing beats a good night's sleep. [2017] - Sean Cooper

Some bankers include your credit potential in their TDS (total debt service) calculations. This means that if you have a credit card or PLC (personal line of credit) with a significant unused balance, a banker may calculate what the payment would be if you maxed the credit card or PLC, thus reducing your ability to obtain a mortgage. If your banker insists on doing this, go somewhere else because other lenders may not be required to underwrite that way. [2009] - Don R. Campbell

Many traders use similar tools, and I know in fact the majority almost always loses. [2008] - Michael Duane Archer