Post
Topic
Board Trading Discussion
Re: Short Trade!
by
EarnOnVictor
on 22/10/2024, 06:12:38 UTC
Short selling in bull run can be dangerous, but still when I see a resistance zone I can't stop myself from short selling! what yours opinion in this case? Should I continue short selling in this bull run, or should prevent myself from doing this?
Hahaha...you will soon roast yourself alive if you continue like this. The trend is your friend and no one bets consistently against the trend and smiles in the end. It's fine if you have a good retracement strategy to back it up and also have your strict risk management attached to it. But it's certainly bad if you do it randomly without any basis/principles that make you act that way. I've argued this with many traders, they always learnt their lessons the hard way believing they could build a strategy with such a dangerous style.