I have decided to switch from 75% long trading and 25% short trading, to 90%+ long trading, and short trading ONLY when there is just no other option. Long trading is just so much more reliable and predictable. Buyers always come back in at predictable points and times. I have went over the math multiple times and done a bunch of backtesting. The trade setups that work perfectly and nail it during uptrends... Their opposite signals DO NOT work at all during downtrends. This is with volume charting and time charting. When the market is falling it's more like random capitulations and if your doing trades around an hour or less long... It's way too hard to time them properly... I trade the best during slow uptrending and sideways trading during a bull market rally. The nice slow rounded tops are so easy to time your exits from a long trade. The big down moves are easy to avoid as they are always off some random ass overnight European black swan or news catalyst. A couple hours afterward the market is stabilized for long trading again provided internals are holding good enough. I advocate long only trading unless you have a LOT of market experience. Like cramer said... "Trade long only, upside comes naturally. Just avoid the downside." For daytraders avoiding the downside moves is a piece of cake... The market rises for around 4-6 years straight, and falls for around 1-2 years. The market behaves the same way on all timeframes.