This is a bear market – investors must rethink their strategies

The natural instinct of many traders is to go long. But now that we are in a severe bear market for stocks, traders must go against their emotions and embrace going short, says John C Burford.

Today, I am covering a very important subject that most traders/investors either ignore or are completely unaware of trader bias.

All traders have biases. We are only human.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.