To be able to make a profit while protecting your money, you must understand the cycles of the stock market. The bear market and the bull market are other names given to these cycles. Since the 1900s, when the stock market was established, there have been twenty seven bull markets with each one having its own bear market.
Short term and long term are the cycles that the stock market has with long term being called secular, lasting from ten to twenty years, and the short term being cyclical, lasting for two to three years total.
So if you understand the stock market as to which cycle it is in and how long it has been there, it will help you to be more successful. To be on the profit end of the market, you must know you place in the market and be on the correct side of the trend.
It was between the years of 1966 and 1982 that the last secular bear market was seen. It is wise to invest during a secular bull market than a secular bear market. The last cyclical bear market was for the three years from 2006 to 2009 so those were the best times to invest.