Young trader,
I think the current euphoria in the market is a good time to think about what must at some point transpire i.e. the market will have a correction & how is each investor/trader going to handle it.
Winning in markets like this is not that difficult but keeping your winnings is a different matter. How many of us are building a cash warchest for harder times, most are fully invested & will hit the "brick wall" because they are fully invested due to the greed factor. Taking some profits may sound silly at present but cash does work well in markets where there are bargains to be had.
Regards
Buffett
PS Doubt any red heart on HC will ring the bell when the parties over!
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