How do you pick a stock that will be bull if your in a bear market? is day trading made tougher by a recession or is it still just as risky when its a bull market?
When stock prices are depressed, there are more opportunities to buy shares of good companies where the share price is a good value. For example, during the worst of the dot.com meltdown, eBay and Amazon.com were 'on sale' because of investor over-reaction. In general, with lower prices there is less down-side, hence lower risk.
Day trading is always risky. In bear market, you have the additional risk of chasing down a stock, which can wipe you out pretty well.
Consider finding a few mutual funds that have good track records in bull and bear markets. If you consistently make better stock picks than the best mutual fund managers at the equivalent level of portfolio risk, then you should go be a mutual fund manager — the best are highly compensated. If not, picking high quality funds and investing very consistently (buying steadily regardless of whether the market is up, down and sideways) gives you benefits of lower average cost of fund shares.
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