The Bull Market

I have finally witnessed how easy it is to make money in a bull market and how easy it is to lose it in a bear market.

I only started tracking the markets just a few months ago in July, which happened to be in the midst of a roaring bull market. At that time, I woke up every morning to a watchlist bathed in green, which gave me a deceiving impression of making money in stocks. It looked so easy to me at that time.

Then in October, with the markets in a meltdown, I got a bitter taste of the bear market. It is nearly impossible to make money (going long) in a bear market.

An interesting indicator of market strength is actually the amount of traffic that comes into my blog. During the October meltdown, I saw the lowest web-traffic to my site ever. After the reversal, web-traffic to my site gradually increased again as "bull traders" returned to their computers.

So yeah, I guess the lesson to take away from this is to always track the indices and overall markets before initiating trades.

“Remember there are no shortcuts. Quick buck artists come and go with every bull market but the steady players make it through the bear markets.” - Lou from Wall Street.