I don't disagree with the notion that right now we are set up almost identical to the market in 2014. I don't disagree that we probably have a while longer before we see a bull run. But I am pretty confident we aren't going to see 2+ years of bear market and I don't think we will see a 2+ years of bull market after. I think what we are experiencing is the final...
Understanding and having a basic expectation of how the market tends to move is important not only for traders, but for investors too.
If you get in too early, you suffer unnecessary drawdowns.
If you get in too late, you will either suffer losses, or miss the train.
In trading and investing, there is more than just entry and exit.