Quote from: Rruchi man on August 10, 2024, 11:03:18 PM

The strategy to trade the bearish market may be different from the strategy to trade a market that is bullish. A new trader to the market should first understand their strengths and know if they understand the bullish market or bearish market more, because understanding your strengths will help you, as a new trader, progress in trading.

Professional traders only open their trading positions when they see risk is small and chance to get profit is big. They can do good and profitable trading in either bullish or bearish market because they know where and when to enter and exit the market. Additionally they enter and exit with good discipline and don't hesitate to exit the market according to their plans. Good plans must include cut loss price to exit the market.

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Professional traders are able to identify opportunities in both the bearish and bullish market trend. This expertise come with time, and not something a new trader can just develop instantly from the first few days of trading.

It's is true that identify opportunities is key to enter the market but professional traders will assess that how big or small the risk is and they always have plans to exit the market quickly when market moves opposite to what they thought at the entry time.

One of best weapons in trading