We’re 12 months in.
We’ve been in a down trend for almost a year now. So while there’s absolutely no way to predict when we’ll come out of this, we’re at least 12 months further into it than we started.
We’re at the very least, some way through this bearish cycle.
Lesson: Watch Big Market Trends & The Bear Market webinar where Dan Pipitone interviews Shane Neagle from The Tokenist to better understand the larger factors that move markets here.
The opportunity to learn something new.
It’s comforting to learn that when one market sector goes a little quiet (micro-cap stocks) another can provide opportunity (large-cap stocks).
More so, a lot of the reasons for execution may remain the same, for example, the trend-break and repeated candle wicks (topping action) on $AMZN on November 28, can be identified as similar price action we see on micro-cap stocks (see below) on $KTRA.
Lesson: JTrader talks large cap stock patterns and trends in an episode of TradeZero’s weekly Talking Tickers show here.
It’s a great time to start.
It can be considered that the current bear market teaches new and existing traders to be more disciplined, precise and accurate in their trading. This is typically because there may be less opportunities in a bear market, so the trader needs to take more advantage of what’s available.
Lesson: Watch our Sean Dekmar webinar where he explains how you can become a full-time trader, like him. And, see him rip his shirt off in excitement because he loves his job here.
One final thing we should be thankful for is that there are many other reasons to be thankful other than the stock market: family, health and friends, to name a few.
- ZeroPro | Trading Software: Accessed: 11/28/2022
- YouTube| Big Market Trends & The Bear Market webinar | Dan Pipitone interviews Shane Neagle from The Tokenist Accessed 11/28/2022 (https://www.youtube.com/watch?v=jC6A2gFwLAU&ab_channel=TradeZero)
- YouTube| Talking Tickers: Weekly Review with JTrader & Stephen Johnson (Nov 14-18) Accessed 11/28/2022(https://www.youtube.com/watch?v=Zg16kASOqXg&ab_channel=TradeZero)
- YouTube| How to Become a Full Time Trader | Dan Pipitone interviews Sean Dekmar. Accessed 11/28/2022(https://www.youtube.com/watch?v=DrJAmELfhsA&ab_channel=TradeZero)
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