We shouldn't be worried about a downward trend. Just go with the trend and short if you have the ability. You don't have to be short forever, just until we get a change in trend (not trade advise just person opinion).
That is a good point about shorting, I personally haven't considered it due to fear of being on the wrong side of a call and my lack of trading expertise. It is certainly something I should look into.
A general rule for me is to go with the trend. If it's in a long-term down trend I'm short. If the long-term trend reverses, I am long. You can set up stop losses to prevent a bigger loss than you are comfortable taking.
We shouldn't be worried about a downward trend. Just go with the trend and short if you have the ability. You don't have to be short forever, just until we get a change in trend (not trade advise just person opinion).
That is a good point about shorting, I personally haven't considered it due to fear of being on the wrong side of a call and my lack of trading expertise. It is certainly something I should look into.
Thanks for the comment!
A general rule for me is to go with the trend. If it's in a long-term down trend I'm short. If the long-term trend reverses, I am long. You can set up stop losses to prevent a bigger loss than you are comfortable taking.
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