One of the things about being successful in any profession is to keep learning. It is important to understand new developements and adapt to it. Same thing applies to trading too. In the past few months as people who have been following me here know that I had a pretty good run to figure out what the market was going to do. We have been able to buy at the low and sell at the high. This has a lot to do with luck but preparation was important too. In the past when I started I was not always lucky or prepared, I have lost a lot too. The only good thing was that I took notes of what I did and where I did the wrong things. The money was something that I could afford to lose. I was speculating/trading with what I could afford to lose. The reason for all the above is because I'm trying to tell that just because we had a good run does not mean a thing. Things can chage soon and we could have another bad run. It is important to not let the guards down and be prepared all the time.