Post
Topic
Board Trading Discussion
Re: How to trade when the market is bearish
by
beerlover
on 21/08/2024, 19:42:00 UTC
It would be nice for traders to have their own choices and decisions, but for beginner traders, most of them will only follow trading signals that are in line with that, they will slowly learn to be able to have their own choices, I think it's not wrong for that because for beginner traders it will be enough to learn except by doing it first regardless of what is done is what is followed from the trading signal. However, even so, when the market is bearish it will be quite difficult for beginners, they cannot control their emotions and do not have great confidence in the market situation, unlike experienced traders, when the market is bearish it is the time they have been waiting for.
I am not against newbies checking what others are doing, if they think that they can make profit using that then I am fine with it and I will not tell them to not do it. What I do worry about however is that they follow others at start and if they make some good money they are usually too late on making something changing, and because of that they end up with bad results, they should learn how to make some good amount of money from these things and not really worry about anything else. If they keep on trying to figure out a way to get better results, that will not be easy to handle at all, and it will definitely result with a bad deal for them.

We need to see how they could focus on making more money, and because of that it's a bad situation to be in. We are going to see this changing, and they need to keep on becoming better and better, so that one day they will stop using others and instead they start trading with their own knowledge and experience.