Post
Topic
Board Trading Discussion
Re: How to trade when the market is bearish
by
Maslate
on 20/08/2024, 23:42:20 UTC
yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position
Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.
While losses are inevitable in trading, but it’s also one way wherein newbies will learn the reasons why they keep on losing from their trades. Experience will be their best teacher. If they won’t start trading, they won’t also learn the process and the realities that relies in trading. So it’s actually normal to lose when trading, but if they have higher control on their emotions towards their greed in trading, the result will be less likely prone to losses and committing mistakes.