Bull or Bear or a combination of both....??

[jungerns]

Would be interested in other traders views as to what they prefer ??

I have always been a combination of both but since switching to a Bull stance without laying shorts as well I have become more profitable.....

Do other traders follow one stance and stick to it ??

 

[bbmac]

Depends on how you derive your analysis/edge. I do so technically - so when there is a clear trend on the t/f's immediately of interest and particularly when it is co-existant with trend on t/f's above that I tend to favour ' with trend ' set-ups to get with 'the flow' as opposed to against it. If I do trade against it (all trends move in impulsive and corrective waves) I don't expect a cricket score and make the working assumption it is a pullback - this assumption will be wrong only once - ie when it isn't a pullback - it's a complete reversal.

Although there are many corrections and extended corrections on any t/f's in a bulllish or bearish market I see no value in being generally bearish in a bullish market and vice versa.

G/L

Would be interested in other traders views as to what they prefer ??

I have always been a combination of both but since switching to a Bull stance without laying shorts as well I have become more profitable.....

Do other traders follow one stance and stick to it ??

 

[tomorton]

Would be interested in other traders views as to what they prefer ??

I have always been a combination of both but since switching to a Bull stance without laying shorts as well I have become more profitable.....

Do other traders follow one stance and stick to it ??

We're supposed to keep trading totally un-emotional, meaning entirely objective, so that trades are entered and managed on the basis of what we see, rather than what we think. However, bearish TA in support of short positions is not just the inverse of conventional (bullish) TA. The patterns when reversed do not have the same meaning for the players involved (in fact the players are different and have differing objectives) so market reactions to bearish price action certainly differ from those to bullish.

In a sense, your different performance is in line with this picture so it's perhaps not worth beating yourself up over it, but being aware is a good thing.