Quotes of the Day

Never approach a woman from behind. Always come in from the front, but at a slightly angle so it's not too direct and confrontational. You should speak to her over your shoulder, so it looks like you might walk away at any minute. [2005] - Neil Strauss

Most professional traders don’t pay much attention to a risk/reward ratio. They focus on identifying optimal trade setups, good trade execution, and good trade management through the trade exit. If the focus is on these positive factors, closed profitable trades will usually be several times the initial capital exposure. [2009] - Robert C. Miner

Even though most people are deficient in Vitamin D, too much can also be suboptimal, so blood tests are often recommended to assure the proper level of supplementation. 2,000 IU of vitamin D3 is an appropriate amount for the majority of individuals, even though some people could require more. Vitamin D is a critical nutrient, not just for your bones but also for general protection against heart disease, cancer, autoimmume disease, and many other health problems. The 25-hydroxy vitamin D level ideally should be between 30 and 50 ng/ml. [2013] - Joel Fuhrman

It was perfectly acceptable to sustain a drawdown of 10% if it was the result of five consecutive losing trades that were stopped out at 2% loss each. However, it was inexcusable to lose 10% on one trade. [2006] - Boris Schlossberg

We can use the weekly and daily data for the setup conditions and the 60m data for trade execution and management. For an even higher probability trade position, the two higher time frames’ momentum should be in the same position. Using two higher time frames will always result in fewer trades but also should result in a higher percentage of successful trades. [2009] - Robert C. Miner