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Bull vs Bear Markets: What They Mean and How to Trade Them

Understand the difference between bull and bear markets and strategies that work in both conditions.

⏱️ 9-minute read • Updated 2025-01-21
Last Updated:
9 min read
Reviewed by: ApexVol Trading Team
Fact-checked & Up-to-date

What is Bull and Bear Markets?

Bull and Bear Markets describe extended periods of rising (bull) or falling (bear) stock prices. A bull market is a 20%+ rise; a bear market is a 20%+ decline.

Bulls thrust horns upward, bears swipe downward—hence the names.

TL;DR - Quick Answer

Bull = 20%+ rise (optimism). Bear = 20%+ fall (fear). Bulls last years, bears last months. Don't panic sell—staying invested historically wins.

Bull vs Bear Markets

Bull Market: 20%+ rise, optimism, economic growth.

Bear Market: 20%+ decline, fear, recession.

Historical Context

Bull markets average 5-6 years. Bear markets average 9-18 months. The market rises more than it falls.

Key Takeaways

  • Bull = 20%+ up, Bear = 20%+ down
  • Bulls last longer than bears
  • Staying invested beats timing

Related Options Strategies

Understanding related strategies helps you choose the best approach for your market outlook and risk tolerance. Each strategy has unique characteristics that make it suitable for different market conditions.

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