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.”