Talk about a year full of surprises… markets kept on forcing participants to stay focused, manage risk and continuously work on their game. The first thing that comes to mind is one of our favorite Jesse Livermore quotes:
“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor.”
Despite the fact that many will find the quote harsh, it’s very hard to argue with. Remember that this is a very hard game and that no one that is actually trading and actively managing money is consistently hitting it out of the park. Like everything in life, it has its ups and down; the important thing is to try to keep things on a steady path by minimizing extremes and constantly focusing on continuous improvement.
I would like to thank everyone for their continued support and look forward to keep on trying to take things to the next level, not only with 50Scouts and our live daily sessions but also with all of the free content.
Please note that the blog will be on holiday mode for the following week as we get ready for the New Year. Don’t forget that the best way to stay up-to-date is to simply sign up for email alerts.