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All moments › Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting

Bull markets allow retail buying anywhere; shorting requires intelligence and exit plan due to infinite upside.

From Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting · jumps to 1:19:28 · speech

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time ago was that, you know, when you're looking at an eternal bull market, you can be a retarded bull, but you always have to be an intelligent bear. And I was like, well, what the f does that mean in English? And he said, look, you can buy at any price. And at some point, you can believe that position is going to go into money. You just need to manage your risk. But if you sell, you have to have the intelligence to get out at some point. Yeah. Because if the The market starts rallying. It may never go back to that price again, right? Well, the upside is infinity and the downside is a hundred percent, right? Like it can't go below zero.
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