There's something I've never quite understood - why do some people think that only in a bull run can you make money? In a bear market, you can only lie flat and lose money?

Trading this thing, to put it bluntly, is about going with the trend. When it rises, go long and enjoy the gains; when it falls, go short and sip the soup. If the direction is right, it's all an opportunity. What's even more absurd is that some people get all worked up when they see others shorting, as if shorting is inherently a crime.

Is there really a permanent direction in the market? Only those who can adapt and switch will survive longer. Bull and Bear are both cycles, don't treat your position as a belief.