Post
Topic
Board Trading Discussion
Re: Should trades be closed only when the market is bullish?
by
tbct_mt2
on 24/03/2024, 07:41:04 UTC
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
When the market is bullish and price is up, people are more actively with trading.

They increase their trading intensity from Spot to Leverages, Futures trading types. Even the Spot Trading type is risky if they can not control their emotion and buy high, sell low.

With Leverages, Futures Trading types, they have less choices as if they open a wrong position, the market moves oppositely against their position, they will have to either cut loss by themselves or liquidated by exchanges.

In general, in a bull market, trading volume increases a lot because there will be new capital flow into the market and traders are more actively with trading.

Will the get more profit from the bull market, not actually. Most of traders have painful losses from trading.