Bear markets are great at trapping investors

[Innervoice]

A lot of investors and even some traders got suckered into this 4 day bear market rally. Bear markets have viscious counter trend rallies that sucker and trap longs. A bunch of traders came in today loaded up with long positions and are now stuck.
This is a market where profits need to be taken quickly.

 

[Overnight]

A lot of investors and even some traders got suckered into this 4 day bear market rally. Bear markets have viscious counter trend rallies that sucker and trap longs. A bunch of traders came in today loaded up with long positions and are now stuck.
This is a market where profits need to be taken quickly.

Brilliant advice. Where's your journal that shows how you profited on your gnosis?

 

[mikeriley]

I forgot his screen name, but there was someone on this Forum
predicting the market had hit bottom. Not sure why anyone
thinks a bear market only last a few months.

 

[Innervoice]

Simple, i trade quickly.

 

[Sekiyo]

Not been trapped as I was almost flat.
Tried to buy some stuff on the rally,
But nothing has gained traction.
Nice to see the indexes down.
They were beating me,
Not I am beating Em.

Only open long that’s remaining is SHPH
Strange ticker. Might collapse tomorrow.

Or not.

 

[Innervoice]

I traded Envx today for a .60 scalp.
I was stopped out of MOS.
The ENVX trade gave me a nice daily profit though.

 

[Cuddles]

I traded Envx today for a .60 scalp.
I was stopped out of MOS.
The ENVX trade gave me a nice daily profit though.

nyhood, we all know you only traffic in racebaiting.

 

[maxinger]

Bear markets are great at trapping investors
--->
Bear markets are
great for members from elitetrader.com and
bad for members from eliteinvestor.com

 

[Handle123]

Love rallies, able to sell more in major downtrend.

Those who don't study previous major bear markets will hand over their funds to more knowledgeable traders.

 

[unconventional wisdom]

I forgot his screen name, but there was someone on this Forum
predicting the market had hit bottom. Not sure why anyone
thinks a bear market only last a few months.

Maybe I’m a spring chicken here - i think every bear market I’ve experienced hit the lowest low within 6-12 months. A lot of tech names have been declining since last August. I think we‘ve already seen the low for 2022.