Everyone is a GURU in a BULL MARKET.
But if you want to survive and flourish long term as a trader even through a bear market.
You need a plan, a system to guide you, you need to possess the skills needed to either Profit or Avoid Losses on days like today.
Otherwise you lose $.
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we are seeing many of the Gurus from the 2020-2021 bull market starting to fade out with all the recent chop, volatility, and down moves.
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Being in a bear market, especially when there’s momo like this, I think you gotta play the system going short(rather than just staying in cash). Take profits when you think bounce is coming and short every bounce.
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Thank you my friend. I knew those principals to true, but didn’t have the education on how to implement them. Thank you. Learning daily from the master.
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