Quotes of the Day

Longer-term traders may want to use a wider first target such as 50 or 100 pips , while shorter-term traders may prefer to use the 15-pip target. [2006] - Boris Schlossberg

The severity of the slump will depend on the primary factors underpinning it, which typically fall into the following two categories: 1. Overbuilding - due to too much construction. 2. Overpricing - where real estate becomes unaffordable for too many people. Slumps typically initiated by overbuilding are less severe than slumps initiated by overpricing. Slumps led by both overbuilding and overpricing are particularly severe. As a slump phase begins, real estate affordability is adversely affected by tightening credit and prices rising to unrealistic levels. Ironically real estate values continue to increase initially, albeit more slowly than in the preceding boom. Here, rents decrease and vacancy rates increase, clearly at odds with values that continue to rise. [2011] - Don R. Campbell

If you can trade successfully for at least three consecutive months in a demo account, and if you are doing everything correctly, then feel free to progress to live trading. Your first live account should be a “micro” account, one that allows you to trade live, but at the same time allows for little risk. It’s difficult (but not impossible) to get hurt when you’re trading EUR/USD for 10 cents per pip. If you continue to trade well in your micro account, move up to a “mini” account, one where EUR/USD has a value of $1 per pip. [2010] - Ed Ponsi

Once the exclusive domain of the super-rich - it used to cost a fortune just in legal fees - offshore investing in our global economy is now available to people with as little as $10,000 or more to invest. If the assets are in an account owned by an international business company (IBC), they are not your personal assets. Your creditors can sue you but they can't get the assets because legally they don't belong to you, they belong to the offshore company. [2007] - David M. Voth

A pouch at the upper end of the esophagus is called a Zenker's diverticulum; and at the bottom of the esophagus, a distal esophageal diverticulum. Zenker's are far more frequently the cause of symptoms, including bringing up undigested food into the throat (especially when lying down) and chronic cough. Diagnosis is by endoscopy or barium swallow/esophagogram. [2014] - Jamie Koufman