Trad markets are really weird if you come from crypto
In crypto you generally need to be bullish say, 20-30% of the time and range or bearish expectations up to 70% of the time
For $BTC need to be bullish say, 30-40% of the time, from a macro perspective anyway as it generally bull trends for 2 years before being choppy and bearish for 2 years (still seems to be the case)
But for $FTSE or any ETF you generally want to be a bull 70% + of the time
Even when it looks bearish, it’s better to remain bullish and be patient for entering on local lows as it’s likely to simply resume up.
Maybe not individual stocks but the etf’s/funds absolutely
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Trad markets are really weird if you come from crypto
In crypto you generally need to be bullish say, 20-30% of the time and range or bearish expectations up to 70% of the time
For $BTC need to be bullish say, 30-40% of the time, from a macro perspective anyway as it generally bull trends for 2 years before being choppy and bearish for 2 years (still seems to be the case)
But for $FTSE or any ETF you generally want to be a bull 70% + of the time
Even when it looks bearish, it’s better to remain bullish and be patient for entering on local lows as it’s likely to simply resume up.
Maybe not individual stocks but the etf’s/funds absolutely