Trading short until the bull starts over again makes sense to me and is my opinion. An occasional long for scalps on deeper retracements from the bear trend. Then reverse and short the resumption of the bear. It will soon be a bull market again and the institutions who have gobbled up the bear trend will then push back and cash out. They win again. We win if we do what they do. The chart will tell the story. We have to follow the storyline to win.
You and me both. I could care less about macro economic theory investing political discussion. This is a trader forum, preferably a day trader forum. We take life one day... At a, time,... and that's all, that matters Keep a focused and calm mind because that's the only way you're going to survive in this life
True, but I wouldn't want to predict how low this market will go, because no one knows when the sociopath in the White House will announce that he's brought all the countries of the World to heel, and therefore he can remove most of the tariffs. He will explain that his goal has been brilliantly accomplished, and we are "tired of winning". He'll mention of course that "No one has ever seen anything like it", and then he'll flap his arms and remind us all that "Biden and Obama are terrible people." He'll then go out into the Rose Garden and sign an executive order awarding The Presidential Medal of Freedom to himself using the famous extra broad Sharpie he used to move a hurricane to Alabama.
Why, of course...tariffs lifted, victory lap taken, and the obligatory self-congratulatory tweet, followed by the press conference where we’re all reminded that “no one’s ever seen winning like this before or ever will again.” Classic. And then off to the Rose Garden for the ultimate mic drop: a Presidential Medal of Freedom for the Orange Man himself. Honestly, if you’re not trading on this shit, you might as well stop calling yourself a trader. Seriously, "buy the damn rumor, and sell the damn tweet". And that’ll be a lottery ticket straight to your retirement.
Looking at history, I have to stop and re-evaluate. I understand it's all relative to current circumstances, but when Nixon did something similar to Trump on a smaller scale, the USA had a decade of bear market! The Fed had to hike to 20%, triggering a brutal recession. I thought Brexit was the Brits shooting themselves on their feet, but this one sounds like a small nuclear suppository. I just hope I am wrong and Trump is a genius behind his madman rhetoric, and obtains free trade deals all over the world, Can the Fed do anything to control a stagflation?