There's usually something moving in bear markets that presents oportunity to long only traders. (Energy right now). The strategy put me in cash in both 2008 and 2020. I agree we haven't had a long bear market in some time. Last time one showed up I was probably a buy and hope investor so I wouldn't have noticed.
Ok gotcha. A secular bull market for oils and whatnot while overall market is bear. Otherwise how can one improve their skills if the ball gets taken away metaphorically.
Interestingly, that’s what she said too. I say to you what I said to her. It’s not our role to control the timing. It’s our role to be prepared and to take action when the market dictates. It could be years. So what? She has a healthy account when many people are out of the game already. The stock trading group she is a member of is replete with sad stories. Everyone wants to get rich in a hurry. I’m not advocating getting rich slowly. I’m advocating learning in successful stages to ensure learning correctly. When you do that, the money part takes care of itself.
She's smart and IMO in need of a different mentor. Such a strange aversion to going short - I'll never understand.
The beginner method in stocks I use is long only. I have my reasons. It’s not because I have an aversion to going short. LOL If someone makes a request to learn from me and I accept, I teach without asking anything in return except that the learner follow my instructions. It’s that simple. People are free to learn however they wish. That’s how it should be.
If old doctor Victor Niederhoffer were still shorting vol out of his hedge fund(s), I'd be curious how he would be doing right about now...
You are like a disgruntled chihuahua nipping at my heels. It is very amusing. Keep it going. Let me help by agitating you a little more. Going short is for idiots!