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Read/Watch Time: 30 minutes (and important)
My guess is that you have never traded a Bear Market bounce.
There were so many Bulls who thought that the declines were over. Ouch.
There were so many Bears who gave up being Bearish. Ouch.
The market makes fools of the most people it can.
Bear Market rallies can make you doubt your own name.
Bulls become convinced they are right. Bears “capitulate” and admit they were probably wrong.
Everyone starts buying.
Within 5 days the Bulls were then trapped at the top as the market crushed them.
Please feel free to teach this to your family and friends (they might need it). Thanks for the referrals.
Here is the video link: https://squiggletrader.com/wp-content/uploads/2022/08/Markets-Update-Bull-Trap-08262022.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer: This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted