Bear market is here!
#MarketOverview
479 out of 5445 common stocks, were finished market in Green zone, which means 91.3 was Negative, in other words chance of making loss is 10 times higher than making profits! This kind of market is not good for long positions.
Action plan:
Please check your track record of trading and your strategy! If your track records shows you closed more than 9% of your trades with losses! Statistically you have no chance of making money in LONG Positions!
Please practice sitting out for a while, I know it is hard, specially after 10 months of the best bullish markets ever most of us experienced!
Moshkelgosha
479 out of 5445 common stocks, were finished market in Green zone, which means 91.3 was Negative, in other words chance of making loss is 10 times higher than making profits! This kind of market is not good for long positions.
Action plan:
Please check your track record of trading and your strategy! If your track records shows you closed more than 9% of your trades with losses! Statistically you have no chance of making money in LONG Positions!
Please practice sitting out for a while, I know it is hard, specially after 10 months of the best bullish markets ever most of us experienced!
Moshkelgosha
+250 Quantitative Stock and Option ideas every day!
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