fabian, that was one of the wisest posts I've ever read.
In my case, it is becoming increasingly clear to me that I'm not cut out to make a living in the market. At one time, this was my hope/dream. Yet, after choosing to be on the wrong sides of the market several times in the past year, I'm turning out to be a greater fool than I ever imagined. I'm short when everyone is long, then I'm long when the short side is the only way to go.
Maybe it's the strange nature of these markets. It goes up for more than two months (September, October, part of November), retreats for a couple of weeks, and now it's back to the races (maybe). All the while, I'm positioned wrongly for each trend.
I just can't read the market's indicators, no matter how many charts I look at or whose advice I follow.
I'm pretty well finished with trading, I guess.