If I could get all my struggling readers to do one thing in 2008, it would be to buy me a swedish massage at the Crescent Court spa. But, if I could get them to do two things, the second one would be to focus on this quote from my misconceptions series:

Trading is simple. You are complicated.

Once you understand that, you are ready to make progress. I promise that 95% of you don’t need a better system, or more time for study, or more capital, or a fancier platform, or a higher IQ, or anything else like that. All those things can increase your winnings, but they can’t help you win. If you’ve been at this a while, and you aren’t making money, you probably need more self-control.

I plan to scale up and make a LOT of money this year. It’ll be more fun for you to watch if you are doing the same, so I hope you’ll think about what I’ve said. If not, then at least take comfort in knowing that some portion of your lost capital probably went to me.

This has been your inspirational message for 2008. Savor it.