Bull Markets Are Comparitively Easy... Bear Markets Are Tough

[Overnight]

I prefer bear markets. More volatility. More opportunities in both directions.

As a perma-bull, this is my response. Gosh I so hate bears. No disrespect ET180.

 

[KGTrader4]

Scataphagos is right. I’m a perfect example. I’ve been whipsawed quite a bit as a result of having a long bias. I’ve done relatively OK in this bear but I could’ve done much better had I not been sucked in multiple times
I think it’s human nature to be biased towards stocks growing up. It’s just more comfortable and after a quick down move when the market starts to rally it’s very easy to get sucked in

of course I’m the only one here that happens to because everyone else here knows better and never makes mistakes like that ;-)

 

[Overnight]

...I’ve done relatively OK in this beer...

Which label? I prefer the lighter lagers, not a darker-grain like stouts and porters.

 

[KGTrader4]

Which label? I prefer the lighter lagers, not a darker-grain like stouts and porters.

LOLOL good catch. Obviously, SIRI. Fixed it

 

[Overnight]

LOLOL good catch. Obviously, SIRI. Fixed it

What do you mean Siri? You mean the Apple chick?

 

[KGTrader4]

What do you mean Siri? You mean the Apple chick?

Yeah the Apple chick, lol. AKA voice recognition

 

[Overnight]

Yeah the Apple chick, lol. AKA voice recognition

Are you telling me that you did a voice-to-text thingy into your iPhone to this forum, and she knew "Scataphagos", but not "bear"? OMG I am so behind the times. It also means that Siri sux.

I hate all this new-fangled shit.

 

[smallfil]

Scataphagos is right. I’m a perfect example. I’ve been whipsawed quite a bit as a result of having a long bias. I’ve done relatively OK in this bear but I could’ve done much better had I not been sucked in multiple times
I think it’s human nature to be biased towards stocks growing up. It’s just more comfortable and after a quick down move when the market starts to rally it’s very easy to get sucked in

of course I’m the only one here that happens to because everyone else here knows better and never makes mistakes like that ;-)

Trade in the direction of the major trend and you will not be fooled. It is also, far easier to follow the trend than, to trade against it. Like running towards the tsunami instead, of away from it. When that large tsunami hit Thailand, Srilanka and other asian countries, elephants in Thailand was running up the hills. A lot of people did as well. They all survived. Those who did not run for their lives or even walked towards the tsunami, all perished.

 

[murray t turtle]

Bear markets don't seem so tough to me - just do what Ken does and fade every single rally with a vengeance.

%%
THAT\
can work well.
Good call on Upmove yesterday/late. Like i said / we cant erase a uptrend call just because some elites were very concerned about a hi vol 3rd FRI\LOL
NOTa prediction+ i'm a Life Long Learner............................................
Main trend = bear \down\trend.

 

[SunTrader]

Actually, I think these markets are easier to trade. More opportunities for proficient traders. In other words, if you are having serious issues in this market as a trader, then you have not arrived.

Probably the first thing those struggling have to do is realize they did indeed "confuse brains and a bull market". Second thing is to get over themselves, and trade what they are seeing, not what they want to see.

Investing is another story. Risk management and opportunity costs are key.

One of the few who really get it. No wishy washy addendums needed. Just straight talk, this is how it is. Deal with it.