I think that expertise is the connection between knowing and doing.

"Some degree of derivative learning is necessary - BUT - much learning does not teach understanding. Only through experience and extensive practice and application will understanding and expertise arise."

-Heraclitus, 475 BC

New trader to Master Trader:

 "Sir, what is the secret of your success"? "Two words."

"And, sir, what are they?" "Right decisions."

"And how do you make the right decisions." "One word."

"And, sir, what is that one word?" "Experience."

"And, sir, how do you get experience?" "Two words."

"And, sir, what are those two words?" "Wrong decisions."

S&P 500 cash market analysis and outlook

the line of least resistance is upward and this pullback is going to present us with a new menu with new low risk setups, manage open positions and be patient with initiating new ones, and for you that want to short now, plain and simple don't, if the market is going to tank there is going to be plenty of time to get on board, read the post below and don't predict, but follow your proven game plan

“Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.”

~Lao Tzu

Are you prepared ?

"Being prepared, on a few occasions in a lifetime, to act promptly in scale in doing some simple and logical thing will often dramatically improve the financial results of that lifetime. A few major opportunities, clearly recognisable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favourable, using resources available as a result of prudence and patience in the past."

- Charlie Munger