Quote from: Heationd on October 20, 2018, 11:59:49 AM

Quote from: tosmartak on October 17, 2018, 02:53:27 PM

Quote from: nydiacaskey01 on October 16, 2018, 11:58:04 PM

Even on a bear market I still try to make money on trading. 1% to 2% on each trade is not bad at all. Just be patient and stick to your goal on hitting 1% to 2%. If you try to go over that there might be a chance that you loose more if suddenly the price dropped. Dont let greed take over you in trading, regardless if its bear or bull market.

That is usually the thing with a bear market, just look for some price actions, look at the shortest available resistance and even with as low as 1 or 2% with a very tight stop loss, you should always be able to get something substantial but this is something not everyone can do and can mostly be applicable to day traders or at least short term traders.

It is always better for you to at least tend to understand what you are doing first and make sure you are confident in yourself to trade a bear market as well as disciplined enough before even attempting it.

I am not a trader therefore I cannot make money in this bearish market. I am a holder and will wait for more time till the price rise more. I am seeking day trading because I think that day trading is the best option for making money even in this rough situation of the market. Nobody else is able to get profit from this bearish trend of the market. Only good traders will be happy in this situation.

I would even say that only good Risk Managers will be happy during the bear market. The technical side is important but most important is your risk management for the long-term sustainability of your portfolio.