Stock Trading and Other Things

How come investment dealers don't teach their brokers that bear markets always follow?

bull markets, during the brokers training period?
Why has no one in this industry never been acquainted with the concept of bear market?
Wouldn't that be helpful to teach brokers about bear markets so they could preserve their clients money during bad times in the market?

Public Comments

1. well, every broker has a series 7 and series 63 licence,,,Market cycles are covered in series 7..................SO EVERY BROKER KNOWS THE ECONOMIC CYCLE....Get another broker

2. if every broker knows about the market cycle
as the answerer above says
than where did the mantra of in for the long term come from
that would make no sense
since during bear markets
peoples entire life savings can be wiped out
if you do not take steps to protect your assets
but brokers just keep operating the same way
as if they never heard of a bear market

3. All brokers know about both bull and bear markets. It's just that nobody knows the timing of them. Which is why a lot of people loose a lot of money when market conditions change. They get their timing wrong.

4. Brokers are a combination o personal finance adviser and commission salesman. They are not traders and should not be expected to provide stock timing advice. Timing is very difficult and. if the broker were good at it, he would be a trader.

5. brokers are incompetent fools
they do not posess any talent or ability
other than being acquainted with people who have money in some cases
if they were capable of doing anything'
they woulod not be useless brokers