You don’t just wake up one morning to the realization that you’ve got the markets figured out. It doesn’t work like that. Sure, it feels great when you have a nice win streak going, but this exhilaration should not be misconstrued as some kind of “metaphysical connection to the S&P 500.” Adaptability leads to sustainability in this business. We’ve said it before, and we’ll say it again, consistent profitability is what really separates the good traders from the bad traders. Getting to this level takes more than just a good strategy, it also requires a great deal of discipline and self-awareness. Take the time to ... (full story)