#162: WHEN THE BEAR MARKET WILL HIT HARD...
I have serious reasons to believe that a BIG bear market is just in front of us.
Possibly the biggest ever.
The markets have been overheated for a long time. They’ve been artificially inflated (because the U.S. election is around the corner). And with more than a 30% drop in U.S. GDP, it’s only a matter of time before the bear market hits (I remember how a year ago any drop in GDP bigger than 3% was considered serious, now we’re talking about more than 30%!).
Now, this is not necessarily a bad thing for some traders.
For breakout trading specifically, this means some INCREDIBLE opportunities are coming.
Personally, I look forward to it.
But don’t get me wrong - these bear market profits will definitely not come for free.
There will be A LOT of risk involved as well.
But here’s the good news...A lot of that risk can be DRASTICALLY reduced, if you know how to do it properly.
How do I know?Because this is one of the biggest things I learned in the markets in 2008.
I WAS riding the markets in 2008.
And I DID learn a lot about risk and how to mitigate it. Including one of the very BEST techniques I’ve ever discovered.
A technique that made ALL the difference and gives me peace of mind now in the current environment, and for the upcoming bear market, which I believe will be even BIGGER than in 2008.