Quotes of the Day

Japan is the third largest forex trading center, and comprises about 10 percent of all forex trading volume. London is considered the world’s capital of forex trading. Roughly 30 percent of all foreign exchange volume comes from the trading desks of London. New York is the second most important market in forex trading, and accounts for about 15 percent of the world’s total foreign exchange volume. Trading is especially active early in the U.S. session and usually becomes aimless and choppy after midday in New York. Friday afternoons in the United States are generally the least active. [2007] - Ed Ponsi

Whatever the size of your down payment, it should never be borrowed. It should come from your own savings, accumulated over time. [2013] - Dan S. Barnabic

Before going into the offer, explain that you are an investor and that you have carefully analyzed their property to determine what you can pay for it. You may even want to acknowledge the fact that they might be able to get more for the property if they can find a buyer who wants to live in it. Tell the sellers that you do not expect them to make a decision on the spot. Suggest that they study your offer overnight before making any comment about it one way or another. [2004] - Mike Summey

You never need to wait to get stopped out. If the trade feels wrong, just exit it. I like to use time stops, where if a trade is not working after 45 minutes, I get out. [2003] - Marcel Link

To buy when everyone else is selling, and to bide your time when everyone else is buying. [2001] - Dolf de Roos