10 Foolish Ways to Lose Money in Bull Markets

10 Foolish Ways to Lose Money in Bull Markets


10 Foolish Ways to Lose Money in Bull Markets

 

 

 

 

 

 

 

 

 

 

 

There is only one side of the market and it is not the bull side or the bear side, but the right side.” – Jesse Livermore

  1. Be a bear in a bull market.

  2. Keep shorting a bull market and see what happens. LOSSES.

  3. Wait for a deep pull back that never comes as the market goes higher and higher each day. Then chase at the end of the move.

  4. Buy puts and sell them for a loss over and over.

  5. Keep betting on a market meltdown as the indexes make all time highs over and over again.

  6. Buy $VXX  $TVIX and $UVXY and see what happens. LOSSES.

  7. If your trading plan is the “the market just can’t go higher” you’re going to have a bad time.

  8. Short in the hole right at resistance. The bounces are brutal.

  9. Have a bearish opinion, keep a bearish opinion, trade a bearish opinion.

  10. Being a stubborn perma-bull instead of a flexible trader.