This is the one which catches a lot of new traders. They don’t fully understand how to behave in certain market conditions until they further their stock market education. Maybe they have made a ton of money during a roaring bull market and can’t see the writing on the wall fast enough when the market turns. We all know people who have lost a lot of money during bear markets. I did before I figured out how to protect myself.
The old ways of doing things needs to change if you are in your first market cycle and a sea changes happens. What works during bull markets will get you busted out of the game during bear markets.
Market turning points throw up many opportunities for strategic adjustment and further profits. How do you use margin? How much of your account to you leave invested? Do you look for shorting opportunities? Do you sit completely on the sidelines?
These are just some of the questions that are answered with a sound understanding of the stock market basics.
Tags: stock market basics, stock market education, stock trading basics, stock trading course