Big Money Makers Money in a bull market

Big and heavily capitalized traders who pyramid their positions have a decided advantage in massive bull trends-the markets go in one direction and take a long enough time to do it so that the traders can continually add to their long positions. In bear markets, however, the smaller trader makes a little money very fast: the market does not stay at one price long enough for the trader to add more to short side. The downtrend is quick and fast-if traders aren’t positioned early to the downside, they won’t be able to get into a short position when the collapse occurs.