Replies to post #21740 on Wyckoff volume benchmarking / market profile bt a

[dotnet]

Humans, by nature are very pessimistic. with the internet and social media the emotion got multiplied by 100 times. Warren buffet and Peter lynch says it's very easy to make money on being optimistic and taking advantage of the pull backs....
After going through 2008 markets it all made sense after few years for me why they were optimistic. Also, it's very hard to make money on short side/puts. even in bear markets look at 5-10% rallies. so, now i only hedge with puts and wait for setup for longs.