Quotes of the Day

Usually you can expect the following from a robust trading system: 1. A winning percentage of 60-80%; 2. A profit factor of 1.3-2.5; 3. A maximum drawdown of 10-20% of the yearly profit. [2008] - Markus Heitkoetter

When selecting a financial planner, you want someone with at least seven years of experience. If they've been in the business for at least seven years, it means they've likely seen at least one full market cycle. [2017] - Calum Ross

If you have true primary insomnia, current sleep medicine may not be able to help you. You might be saddled with insomnia for the rest of your lift. My best advice to you is to work on cultivating an attitude of acceptance. The condition is not fatal. In fact, your attitude about the sleep problem may play a huge role in your ability to function at a high level. Look at it from a positive perspective: The condition frees more time for you to do things in the evening. Yes, you might feel a bit fatigued, but there are medications to treat that too if you like. [2017] - W. Chris Winter

As currency traders, you definitely need to keep an eye on the yields of the benchmark government bonds of the major-currency countries to better monitor the expectations of the interest rate market. [2007] - Mark Galant

To obtain more accurate information on real estate value trends, we suggest using one of two methods. 1. Indexes: the S&P/Case-Shiller Home Price Indices used in the United States are considered by many economists to be the most accurate way to represent a market's overall real estate value. Teranet, in alliance with the National Bank of Canada, created an index that dates back to 1999 for the metropolitan areas of Vancouver, Calgary, Toronto, Ottawa, Montreal and Halifax. 2. Moving Average: Using the average Multiple Listing Service (MLS) prices reported monthly, economists calculate and trend the 12-month moving average. [2011] - Don R. Campbell