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Have you ever been through a big market crash and what did you do?

QuestionsCategory: QuestionsHave you ever been through a big market crash and what did you do?
traderbrian asked 5 years ago
Hi Pat - I went through the big market crash of 2008 and lost a great deal of capital.  I'm fearing that may be upon us again in the next year or so (We just had a big one from October 2018-December 2018 as well.  My question to you is 1.) How do you detect the crash is happening (or not). a.) I can't detect a crash, that is impossible, b.) I easily detect big crashes by following market macro indicators, or other reports., c.) other 2.) How do you trade a big crash?  a.) Don't trade it at all because I'm only bullish (cash is king), b.) Trade inverse ETF's and 3x ETF's because they have charts I can analyze too, c.) other. Really enjoying all of your videos Pat.  Keep up the great work, you are a great coach and mentor. Chris.  
1 Answers
Avatar photoOwen Staff answered 5 years ago

Hi Chris,
Video from Pat:
https://youtu.be/sNVgykemN7c