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RE: Capitalizing on the fear of others as a trading strategy

in Project HOPE2 years ago

Hello @lupafilotaxia, this is a strategy that is very familiar to me, I remember my grandmother saying something like "fishing in a troubled river".

There is a lot of fear in the market and it is difficult not to feel it, many people are making desperate sales without thinking about the possibility of market recovery and this is the "fear" that opportunists sniff out to buy at the best prices.

I still think that the market is going to recover, perhaps in a very long term, but it will happen.

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Hi @tocho2

Correct "fishing in a troubled river" in popular slang is taking advantage of situations that tend to get out of control but still leave opportunities for others to capitalize on.

Best regards, be well.

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