Take it from the traders who've been in the trenches this year, it's war out there! The last 50 days have been the most violent in stock market history with an average 4% swing in the S&P every day.
So if you want to survive this market, you've only got two options. Go AWOL into Canada, where they only trade fur pelts and hockey cards or enlist in Fast Money's bear market boot camp.
If you chose the latter get ready to become an active trader, what we call the Navy Seals of investors -- quick, disciplined, and armed to make a killing.
As your platoon leader, Sergeant Pete often says "It really is a speed market right now. And if you're in this market you better have real time quotes!”
But unlike the Navy, in this squad it’s every man for himself, as loyal investors drop their wounded soldiers – think Citigroup and GM– with each rally.
Want to make it out of this alive? Drop and give us 20 limit orders; it’s time to get up to speed in Fast Money's bear market boot camp.
According to Sgt. Pete the best way to trade this market is to follow the volatility. "I’d look at the Financial Select Sector SPDR or the ProShares Ultra Financials, he counsels. I think there’s great opportunity to the upside with very limited downside."
You can find more "bear market boot camp" after the Fast Messages on the video below.
