A lot of people think an up-only market is easier than a bleeding market.
Don't think for a second that's true.
Yes, prices are going up and the vibes are overall way better.
But you struggle with a whole lot of others stuff that you don't in a bleeding market.
If it was that easy? Then why don't the majority end up with a huge bag after up-only?
Their portfolio looks to be growing during that season yeah but it's only with the amount of stables you end up with that's the real deal.
The struggles?
- Euphoria kicks in
- Aping new bags at the top becomes attractive because everyone says it's low
- Compounding your profits to the next bag becomes standard practice and no one notices the fact that you also keep risking your profits that way because the last bag that fails can take it all away after 10 profitable trades.
- Taking profits is foolish because a million dollars is always around the corner.
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Basically:
A bleeding and downtrending market is hard. That's a fact. It has its own difficulties people need to overcome.
But don't think an uptrending market doesn't have its own issues to deal with. They are even way harder than you think.
Proceed each season with caution if you want to make it. They all need their own unique strategy and plan.
