10.24.23 6:30 am eastern This video shows the dollar, The Russell, The ES, Tesla. Most of these markets were breaking lower and were easy shorts.... it is possible that they may find some buyers, But these markets left strong sellers that have been controlling the market for the past few weeks. In the last few weeks these markets were easy to short and much more challenging to take long positions.... even though you can do this on a 4-Hour chart without too much difficulty as long as you're careful. It's well known that most traders cannot short... they are afraid of it and they just don't do it. It's really hard to do if you own stock and you want the Hedge your long-term position... and it is expensive because shorting an equity requires payment for the privilege of you borrowing shares from your broker... really the clearing firm. it is much easier to use futures markets in my opinion. And you only need to follow a few markets, and this is a far more efficient way of spending your time. And you'll find almost everything you need on a 4-Hour chart and a daily chart. I chose tesla as a talking point because it shows the problem long-term traders have with equity markets when they were very successful in that market until the markets broke down in general. Some of the easiest ways Of making money is to buy and hold... but buy and hold traders generally don't know how to get out of a market and they don't know how to trade a market when it breaks down. When the markets went a lot lower in 2008... that really wasn't a bear market as I see it because the markets only went down about 30% and then all the corrections lower as the markets were moving higher generally only corrected to the 382... many or most traders trading today have never been in a bear market... until this market. You want to trade the volatility and factor in the gaps.