Bull markets are for selling

​​​​​​​A friend asked me: "Why, when a bull market comes, do I instead hold a lighter position?"

​​​​​​​Yes, bull markets are for selling, which is why my position becomes lighter; a heavy position should be in a bear market.

​​​​​​​Risk comes from rising prices, so the more the stock price rises, the less principal we should keep in the market.

​​​​​​​​Never forget, what we want is profit, while the market makers want our principal! Trading stocks is about going to the 'piano player' to take money.