Quote from: spadormie on March 17, 2019, 03:08:45 PM

Quote from: nydiacaskey01 on January 31, 2019, 10:33:54 PM

Day trading on bear markets is not advisable. Try to notice the price and one thing that you will notice is the price is not going anywhere. Most of the time, price is just moving side ways. The profits that you get is not enough to pay for the fees. If you really plan to continue day trading, set a low target like 2% to 3% profits, upon hitting your goal, Sell right away.

True. It's not advisable until the market will be bullish. I think that bear markets gives us more volatile market. So, it's not advisable for a newbie just to day trade. But if you're pro in trading, you can really go for it. But it's not advisable for you to do that now.

Bear market is just for short time now, so I think to enter the market now is really good time just take the advantage and buy if you have plan to trade, according to me the mistake people use to is trade for day without having knowledge and information properly as required, so simple is dont lose the opportunity to buy when the price is low in market.