9 Simple Rules for Traders in a Bull Market (Doc Barter)

1. Ignore the noise of bears stating bad economic environment. The market drives the economy and not vice versa. Start being cautious with your portfolio when economy is too rosy (good)
2.  Buy when 13 crosses the 34 EMA after a bear market decline ( see summer 2003 and summer 2009 )
3. Ignore the noise and stay long until the 13 EMA crosses the 34 EMA to the downside ( see autumn 2007 )
4. Add positions only when prices in indices drop below 34 EMA and 13/34 EMA in weekly is still above.  Check that Percentage of stocks above 50 DMA are near 20-10 for oversold levels
5. Profit taking -> If one likes to take some chips of the table, wait until weekly chart is overbought and Percentage of Stocks above 200 DMA are above 92 level
6. In a bull market there are usually 2 corrections per year. a) 5-7% and b) 10-15% . Be aware of that on do not panic. Use it as a buying opportunity
7. Never add stocks near a daily or weekly chart high.  Always buy or add stocks in an oversold weekly chart. It takes patience but reward is handsome.
8. Trade only what you SEE and NEVER what your HEAR
9.  Remember that there is MORE money lost in GUESSING A BEAR MARKET compared to an actual bear market

Thanks Doc.  Your guidance and market insight are most valuable.  Trading On!