I lost a lot of money into the end of 2021 because I shorted the market in a blow-off top. Worked out for me in 2018, so I got complacent.
I was right about being bearish, but wrong on timing, and timing is everything in these type of trades.

In 2022 I still had the same thesis, but instead of shorting, I longed oil and energy.
They outperformed the markets by a lot while stocks fell down, driven by the growth bubble pop.
So 2022 has been great for me.

That’s why I’m focused on reading market cycles, and why I put so much attention into trading sector rotations.
I’d rather be a buyer than a short seller 99% of the time, there’s always a bull market somewhere, just gotta find it before it’s getting too popular and hyped by Wall Street “analysts”.