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[USER=2975]@ducati916[/USER] & [USER=86332]@Greynomad99[/USER] respective posts on the first reading seem to be at odds with each other whereas, in reality, they hold the same overall view. Both respective views come from experience. When seasons traders speak it is our job to listen & digest the information being presented. Skim reading without critical thinking could very well lead us down the wrong path into making a poor decision. Why? because our "perception" of the information consumed drives our reaction.

When is it safe to trade, that's the question

Well, that's the dilemma we all face. There is a strong consensus on the "safest time" to trade is when the market is going up. What metric you decide to use is up to you. The most common metric is an Index Filter. A crude "Index Filter" often discussed in this forum is a "Simple Moving Average" of an Index. If the close of the Index is above a "Simple Moving Average" the market is deemed to be up as a "Buy Filter".

Skate.