– markets change and if a trader doesn’t adapt, he’ll be driving a cab
– becoming a successful trader is not easy, even if you’re experienced
– core competency in one endeavor, does not guarantee competency in another
– working for a living sucks
– always be prepared to trade
– markets aren’t the only thing that reverts to the mean
– never turn down an edge, no matter where you are, or what you have in your hand

– success is fleeting, losing is forever