Post
Topic
Board Trading Discussion
Re: Short Trade!
by
alastantiger
on 26/10/2024, 21:49:37 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?

Selling during the bull run can make you to miss making maximum profits that you can get from the bull market because everything is rising through hodling. The bull market doesn't require you to sell but to keep buying and hodling. Unless you're an expert that know what you're doing then I don't see a need for trading during the bull market. As you short the market, you have to be extremely alert incase there's a sudden movement by the market that'll make you to lose too much. When you see anything like that then you need to stop your trade and cut your losses short because if you leave the trade there, you might end up losing more than you expected.

During the bull market, what I do is I wait for the corrections and during this time is when I buy and continue to wait for a better price to sell and takeout my capital before doing it again when another correction comes.