Bear market: crisis or opportunity?

Hey everybody, The markets dropped pretty hard yesterday and some folks got worried. I understand that. There's a common misconception that falling markets are doom for traders. Like a lot of market misconceptions, it's half true: A whole lot of unaware traders will lose money in a bear market. And a ton of long-term investments would lose value in the short-term (although if you're serious about buying long-term, why should you care?) But misunderstanding bear markets is a common trading mistake, especially for newcomers. Sure, bear markets are a challenge. But all trading has challenges. It's challenging to make money in a bull market. And yes, it's challenging to make money in a bear market. But that certainly doesn't mean it's impossible. There are strategies for trading in a bear market. I'm kind of obsessed with them. Here's a simple one you might not think about. You may be familiar with my double dutch strategy: I look for bullish momentum on a stock (20% minimum, preferably 50% or more). Then, I wait for a pullback to a weekly pivot. Then, I need a bullish (green) candle, and that's my entry point. But here's the thing: You can flip all that on its head. All you need to look for is the opposite pattern: Strong negative momentum (20% loss or more). Return to a missed pivot above. Bearish candle. If you see those three things, it's an opportunity to enter a bearish position. This isn't a company I traded or anything, for the record. It's just an example I found. But a good one! This isn't my attempt to convince you the double dutch is foolproof. I just want you to see that bearish wins are possible. People get too hung up on the overall mood of the market and forget that the market is just a network of independent opportunities. We can monitor our watchlists and still make entries in any condition. You just have to be patient and do the hard work. Love the heck outta you, Rob Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe