First off, let me begin by thanking everyone for being a part of our team in 2020! I’m happy to report that we’re currently hosting our largest environment since the inception of our program 7yrs ago. So thank you again for your confidence, and allowing us to help guide you through the “Macro Season’s” of the market. As always, we’ll promise to continue to put for our best efforts in evolving our process, and improving from trade to trade, month to month, and year over year. It truly makes me happy to know that we’re helping people, and doing it right best of all! I’ve been in this business for a long time, and have seen many players come and go that have sat in my seat, bouncing from one firm to the next. The most common trait that they’ve all possessed is their lack of interest to do the work that it takes to be successful in this business. Those who cut corners, move in circles.  There’s just a few measures of success in this industry, and the answers would likely vary from who you ask and in what setting you ask them. The measure of success in my eyes is first and foremost the well-being of our clients. A close second, is being able to look in the mirror every morning with the full knowledge and respect of my fiduciary responsibilities, and understanding there’s no short-cuts that get you to the finish line. We’ve taken on a lot of new clients this year, and it’s been very interesting to hear the stories told by their past experiences with former Asset Managers and Market Strategisst. I’m happy to report that we’ve retained nearly 100% of those clients and look forward to improving their market endeavors. 

Now on the topic of 2020 (as a whole), from pandemics to politics. The only thing I really have to say is we as humans are emotional beasts of nature. Sometimes, the decisions we make in life are often clouded by these visceral emotions. The political and pandemic climate brought many of the emotions to a boiling point this year. I too fall prey to these emotions from time to time, but I’ve been trying damn hard to focus on being more cerebral as I get older. Make your decisions based on the information at hand, stay away from whatever may stir your “emotional pot”. Ray Dalio talks about “the two you(s)” in his book Principles (also and probably more famously studied by the behavioral scientists and Nobel Prize winners Dr. Daniel Kahneman and Amos Tversky). The higher level you and the lower level you. The “lower level you” is the subconscious emotional side of us all, that at times can completely overwhelm and control your entire existence. The “higher level you” of course is our more cerebral and critically thinking side, where often our best work in life is done. We can all do better in 2021!

Let’s pray our health and happiness in 2021, and continue to live our best life. 

Cheers to your future success and Happy New Year!

800-669-5354312-373-5286Series 3 Licensed

John Caruso

Senior Market Strategist
Follow John on Twitter @JCarusoRJO. John began his career at Wilshire Quinn Capital, a Wealth Management Firm based out of Los Angeles, California. John made his move to the commodity industry at the end of 2005, and began his path at Lind Waldock, at the time the largest retail brokerage division worldwide. John did his undergraduate work at Robert Morris University in Pennsylvania from 1999-2003, where he was a 4 year varsity basketball letterman.  A self-professed “Macro Trader”, John uses a multi-factor fundamental and “quantamental” trading model in distinguishing market cycles based upon the accelerations or decelerations of growth and inflation metrics. His technical and quantitative approach is heavily reliant upon trend and market range analysis via a custom built standard deviation system in helping him make probability-based market decisions. John is an avid reader of all things pertaining to finance, and behavioral economics. Click here to sign-up for John Caruso's Trading Coach Insights. Daily information and insight on all futures marketsin ranging from metals to equities.
Read More