Tuesday, January 21, 2020

Bull Market?


Have you done well through this bull market, if not, are you considering getting long to participate?


Dow performance 2019 was above 18%... will 2020 be a continuation of the bull market?
Retail traders who have done well in 2019, were able to stomach numerous pullbacks that scared a lot of other bullish positions to cut their losses while trapping bearish traders attempting to short the market. Those who did not do so well... If your performance was subpar, you probably either over traded or you lost the majority of your trades trying to short the market. In most cases, it's a combination of the two.

"No trader has ever wished they made more trades after a poor trading year. In a bull market, being long and not getting in the way of profits is the real labor of trading."


SPY 331.51

Predictions are free. I believe a market pullback is near, however, I am a broken clock stuck on bearish.

To be bearish this market is akin to staring down a bull, pun intended.

SPY SPDR S&P 500 ETF Trust daily Stock Chart





Copyright @ TRIN CAFE |