Post
Topic
Board Trading Discussion
Re: Should trades be closed only when the market is bullish?
by
Abu-Naim
on 26/04/2024, 19:53:32 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.


What is your experience in this field?
People that pretend to be good traders and have no knowledge about trading are the ones that trade only during the bull run; they pretended to know how to trade using different strategies just because the Bitcoin price is in an increasing order which is favorable to anyone then because everybody can trade them  and be profitable.

When the Bull market is over, that is when we know the real traders that knows how to trade because they do maintain irrespective of the market conditions, and they don’t stop trading because of bear market because they know how to make profit since they have experience and have learned about trading before starting to trade.