Actually if you are a professional investor, you can earn money both in the bull market and down point. The most boring is a market siderway, not the market down.
In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market.
The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable.
So for a professional investor, you can make money even in a strong down market.
Prepare yourself for a solid strategy and psychology. Good luck !
Fully agree with this words. If you can make right predictions about market moves - up or down, then there is no difference in which direction the rate will go, you can still make money on it.In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market.
The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable.
So for a professional investor, you can make money even in a strong down market.
Prepare yourself for a solid strategy and psychology. Good luck !
And the worst thing on the market is exactly the siderway, not the fall, that's for sure. Even scalping become harder.