I got thinking about this from some negative posts in the thread "what salary..." regarding that markets will change as well as the economic outlook. That markets have been particularly good for trading the last few years, and that may change soon.(http://www.elitetrader.com/vb/showthread.php?threadid=80400) What if a recession comes and there is a big bear market, can't that be traded just as good as a bull market, but only focus on the "short side"? When US (or ywhatever market your trading) goes into a trading range when you are a trend follower, can't you switch your market and focus on other stockmarkets abroad, or forex or futures? Also you could develop a trading strategy to use when ranging? And one when trending? Then switch between these?