If you're not making good money in this market, either you're not a good trader or your prop firm training sucks! I've never made so much money going both long and short intraday. I used to only make money in up markets but now I don't care since I seem to make bigger profits in down markets. Amazing how I've improved to be able to daytrade either direction. Good luck guys!!!
Great to hear you swing both ways T-Bone! No place for a bull market trader these days. Careful though, with statements like yours you may have to back it up on here with full disclosure.
I always felt that markets tend to go up in an orderly fashion. On the upside you get much more 'back and fill'. Oppourtunities to get onboard if you missed. In a down market, they tend to move much more quickly. The biggest and quickest bang for your buck I have always found on the short side. To me things tend to deteriorate much more quickly then when they appreciate in value. I am not a bear, I just find it easier to make money in a down market. Especially with no uptick rules any more. For newbies, - 'Wikepedia': NYSE plus tick rules. Used to be a much tougher play.