What we think and the reality of the situation are two completely different things. The best traders don't walk around like most of the people trying to pick tops and bottoms and pretend like they know where the Euro is going or where the nasdaq will close, they put on positions that are tradable. And then they trade. It's that simple. Best traders are wrong most of the time. So how do they make money? Well, when they realize they are wrong, they change their position. One of the best attributes a trader should have is humility. The best traders admit to knowing very little about what the market will do or don't pretend to have any kind of secret method or style or edge that others don't have. They just go in to work every day like a brick layer. Their goal is to lay bricks. One at a time. And hopefully at the end of their life they have built a solid foundation. That's all a trader can hope for. But most traders don't do this. They shoot from the hip, they are arrogant, they can read charts and lunar cycles, they have some kind of special pricing model they created, they think they know something the other guy doesn't, and they trade with way too much emotion. This is why maybe 5% of all traders make a living in this business.