Quotes of the Day

There are four types of jobs that you can do. 1. Hard to learn and hard to do, like accounting or bookkeeping. 2. Hard to learn but easy to do, like typing or flying an airplane. 3. Easy to learn but hard to do, like digging a ditch (physical labor). 4. Easy to learn and easy to do. These are the best indicators of your natural talents and abilities. This type of work is the key to career success. [2004] - Brian Tracy

If you want to become one of the two out of ten who plays to their strengths most of the time, don't move yourself into a role that is close to but not actually in your strengths zone, no matter how powerful your urge to do so. [2007] - Marcus Buckingham

Generally we find FSBO (for sale by owner) homes are overpriced and the owners not that motivated to sell, but every once in awhile you can find a great deal. [2013] - Julie Broad

Assume we are in a profitable long position and the market is about to hit our trailing stop, when we have a good entry and nice profits, we sometimes will take out half our profits and place a stop on the other half and just let the market run and see what happens. The decision to get out of all or part of your position is mostly a psychological call. It probably is more appropriate for experienced traders who trust their “feel” of the market. [2004] - Bill Williams

The Elliott sequence consists of a basic rhythm of "fives" corrected by "threes." This sequence remains constant no matter what degree of wave is being analyzed. This wave rhythm is observable as long as there is a minimum amount of trading volume. As a rule of thumb, we use a minimum average of 20 ticks per time period, although the Elliott sequence can often be seen in a shorter period market with much less volume--for example, the one-minute chart. [1995] - Bill Williams