most new traders, with a lot less than my 44 years of online trading, think things are different now, the old paradigms just don't work they say. One Analyst in 1999 said, "we are in a new paradigm, the market no longer needs to correct". Greenspan promised a soft landing... they said the same thing in 2008-2010.. Yoou can learn from history and experience or you can repeat it.