Probably the 80-20 rule is working in this market as well. Meaning 80 percent of the traders are getting 20 percent of the market gains whereas 20 percent of the traders are getting 80 percent of the gains. You can't have a market where everyone is winning but in a bull market everyone can make money whereas in a bear market everyone can lose money.
The difference is in a bull market buyers/sellers could be divided into "losers who only made 5% and winners who made 50%" so everyone is making money but some traders are making more money.
During a bear market it is more like "losers who lose %50 whereas winners lose only %5", so everyone is losing but some lose less. Hence, you can't actually calculate who wins how much and how many people are making money because in reality sometimes nobody wins.
Interesting thoughts, I mean about 80/20 rule.
I even didn't try apply this to trading. I should to calculate.
Oh, also let's do SWOT analysis
))
