I came across a trader today who mentioned that he hasn't stopped trading even in this period where almost everyone, trader and hodler is trying playing it safe. In our little conversation, one of the statement he used that has stuck to memory and has kept me wondering if I was making the right decision this period playing it safe and not trading was "Real traders don't care about bear or bull market, during times like this is when real traders survive", he also highlighted that a good day trading strategy can still make you profit this season.
-Do you consider this trader correct?
-Is anyone here still trading actively? if yes, what has your strategy been?
Without a doubt you can still make money when the markets are going down as you can short the market and make money that way, however back then when I dedicated a great deal of my time to study the markets I realized the potential profits you can get when shorting the market are very disappointing compared to what you can get when the market is going up, so while you can still obtain profits I do not consider it is worth it, now this may change if you use leverage, but then the risk taken will be very high and that is unacceptable to me. -Do you consider this trader correct?
-Is anyone here still trading actively? if yes, what has your strategy been?
