"Politics will pose the biggest risk to financial markets in December, as the U. S.-Chinese relations could have a crucial effect on risk assets, the impeachment process will also enter its next phase, and the British elections could also cause turmoil in the usually quiet month. The strong rally of the past two months could mean that a choppier period is ahead for stocks, and even an orderly pullback may be in the cards despite the positive seasonality statistics of December. The OPEC meeting, which is scheduled for the first week of the month will likely be a tumultuous one, as Saudi Arabia is trying to pressure the cartel to increase the support of the price of oil ahead of the Initial Public Offering (IPO) of the state owned giant, Aramco."

“Most professionals agree that novices and amateurs spend far too much time studying entry techniques in relation to their true importance to successful trading. It is risk management, they agree, that really separates the winners and losers. Since the markets are not very predictable anyway, you can have a far greater impact on your bottom line by applying proper risk management techniques than by finding a new and better way to anticipate the next market top or bottom.”

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"Sometimes traders can feel alone in their experiences – particularly when stupid errors and large losses occur and during long, flat periods. Believe me, I have made every mistake in the book, have suffered through many sleepless nights and have had conversations with the higher powers that be. Through it all, I have never wanted to leave the trading business. I don’t love trading and I don’t hate it; it is just what I do. I love working."