Quotes of the Day

Seven Habits for Business Success: 1. Plan thoroughly (Six P: Proper Prior Planning Prevents Poor Performance); 2. Organize the people and resources before you get started; 3. Find the right people (95 percent of your success as an entrepreneur or executive will be determined by the quality of the people you recruit); 4. Delegate wisely; 5. Inspect what you expect (proper supervision); 6. Measure performance; 7. Keep people informed (report results regularly and accurately). [2004] - Brian Tracy

The most important specialized skills are sales and understanding marketing. The skills of selling and marketing are difficult for most people primarily due to their fear of rejection. [1998] - Robert T. Kiyosaki

The Four Habits of Marketing Success: 1. Specialize in one area. 2. Be different from all the rest / competitive advantage (speedy delivery, long-term durability of a product, the location of your business, the personalities of the key people who sell and deliver your product or service, etc.) 3. Determine your best potential customers. 4. Concentrate and focus all of your marketing and sales efforts and energies on those specific customers you have identified as most likely to benefit from what you sell. [2004] - Brian Tracy

Forex traders often use the U.S. Dollar Index to confirm USD trades vs. individual currencies, especially against the euro. The index basket consists of the euro (EUR, 57.6 percent), Japanese yen (JPY, 13.6 percent), British pound (GBP, 11.9 percent), Canadian dollar (CAD, 9.1 percent), Swedish krona (SEK, 4.2 percent), and Swiss franc (CHF, 3.6 percent). [2010] - Ed Ponsi

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