Sell high buy low
It took me quite a while to learn how to sell. Seriously.
Even saying , to sell high buy low sounds weird to me. In most instances, selling means
1) cutting loss
2) taking profits - partial or full
Now, selling means an entry position, hoping to buy back later at lower price. That takes practice , at least for me. Honestly, many many practices as it is a different ball game altogether.
If you have never short stocks, futures, currencies, cryptocurrencies thus far, I suggest you open a demo account and start to practise. In due time, it would come handy.
The usual applies, Stop loss, risk management, position sizing, strategy, etc
Even saying , to sell high buy low sounds weird to me. In most instances, selling means
1) cutting loss
2) taking profits - partial or full
Now, selling means an entry position, hoping to buy back later at lower price. That takes practice , at least for me. Honestly, many many practices as it is a different ball game altogether.
If you have never short stocks, futures, currencies, cryptocurrencies thus far, I suggest you open a demo account and start to practise. In due time, it would come handy.
The usual applies, Stop loss, risk management, position sizing, strategy, etc
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.