You don't get it, bro. The market is algo controlled and supplied with endless liquidity to ensure it remains levitated permanently. A bear market is impossible under these conditions. All the past things that ushered in bear markets? The market laughs at these things now and chugs ever higher. It can't even decline 2% before a torrent of buy programs come in and rescue the indices.
I have recently learned that there is NO WAY to view a single point in time on a historical chart without subconsciously taking into account everything to the right of that point. If you can see that there is an eventual recovery then it is easy to say, "they should have waited it out." The benefit of glimpsing into the future of any given point is impossible to ignore. I have taken to using a piece of paper to cover the screen and reveal it very slowly from left to right.
Any educated investor would have. I’m especially not worried about a recession because I’m young, single, no kids, debt free, make more than enough to pay all my bills and have 12 months of expenses saved for emergencies with the rest invested and being invested. In the future I may need more money but that’s why I’m saving and investing while I’m young.
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You don't get it, bro. The market is algo controlled and supplied with endless liquidity to ensure it remains levitated permanently. A bear market is impossible under these conditions. All the past things that ushered in bear markets? The market laughs at these things now and chugs ever higher. It can't even decline 2% before a torrent of buy programs come in and rescue the indices.
I have recently learned that there is NO WAY to view a single point in time on a historical chart without subconsciously taking into account everything to the right of that point. If you can see that there is an eventual recovery then it is easy to say, "they should have waited it out." The benefit of glimpsing into the future of any given point is impossible to ignore. I have taken to using a piece of paper to cover the screen and reveal it very slowly from left to right.
What’s gunna cause a drawdown
If the S&P 500 ends badly, The whole stock market will end badly.
Any educated investor would have. I’m especially not worried about a recession because I’m young, single, no kids, debt free, make more than enough to pay all my bills and have 12 months of expenses saved for emergencies with the rest invested and being invested. In the future I may need more money but that’s why I’m saving and investing while I’m young.