Quotes of the Day

Many investment firms and insurance companies offer something known as target data funds, or TDFs for short. These funds start with a heavy weighting in equities and then slowly increase the weighting in bonds over a period of many years. For instance, a TDF based on retirement in 2055 might have an 85-15 asset mix today. As you get closer to 2055, that mix will slowly change to something like 50-50. The main disadvantage is that TDFs tend to be more expensive than if you try to manage the asset mix yourself using low-cost ETFs. The other disadvantage is that you might think the asset mix in a particular TDF is too conservative. [2021] - Frederick Vettese

During choppy markets, buying oversold and selling overbought situations can work like a charm. when the ADX is below 20, you can consider the market choppy and range-bound. [2003] - Marcel Link

What exactly is positive expectancy? It simply means that the trading strategy should consistently produce a net gain in equity. This could mean either a higher average number of winning trades than losses, or a greater average profi t per winning trade than loss per losing trade (reward-to-risk), or any combination of the two. [2009] - James Chen

If you are a day trader, you may be sitting in front of the monitor(s) five or six hours a day making quick decisions. If you’re a swing trader (doing trades that typically last a few days) making decisions based on intraday data, you should only have your attention on the markets once they meet the minimal conditions for a trade. You may only have to put in an hour or two a day in front of the monitor. If you’re a position trader making decisions based on monthly, weekly, and daily data, you should only have to spend 30 minutes or so each evening scanning the data and charts for potential setups, or a bit more time if you are a stock/ETF trader and following a lot of markets. [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