Quote from: Gozie51 on October 02, 2018, 07:54:12 AM

Quote from: Ahasca on October 02, 2018, 02:05:30 AM

I've often heard that to know that you are a successful trader you have to pull profitable trades in a bear market, not just a bull market.

This is not always the case. I do not believe in hyping individual trade ability because I have monitored this crypto trade to know that, nothing is perfect about making gains. Even where one makes some profit in bear market, it is not always a guarantee.

Making gains is even something that is applicable to how each individual trade or will I say their pattern of trading. Bear market can be traded, but what is there to trade really for someone who is a long term trader, short term trader or a midterm trader.

The OP categorically stated a day trader pattern and saying that as a successful trader you have to pull profitable trades in a bear market, sounds pretty much absurd to me. Market can come in different ways and your pattern determine how you want to be going ahead with your trade and if the OP trades for real, setting a tight stop loss 1% risk and then looking for a 1% does not sound right for a good risk reward ratio. At least 2 - 3 % when you have a 1% risk is a whole lot better.