Experienced and professional traders will generally persist from bearish-to-bearish times and can generally take advantage of bearish momentum to gain large amounts of profit. Meanwhile, for seasonal traders, their career as a trader was born in a bullish period and will die when the bears come.
Interestingly, when measured in analytical skills, generally there is no significant difference between experienced traders and seasonal traders. Because nowadays information is very easy to get, so even novice traders can generally learn the skills experienced traders have. So that both great traders and seasonal traders can generally buy the same stock at the same time.
But even though the analytical skills are the same, it doesn't mean the results will be the same, one reason is that there is a skill that is often ignored by traders. Even though this skill is just as important, it is often considered more important than buying and selling skills.
The skill in question is the skill to wait, believe it or not, even though experienced and professional traders will not get success if they master this one skill. Because to be able to get profits of tens or even hundreds of percent on the shares we buy, we need to wait. If you want to buy stocks with good fundamentals at low prices, we need to wait. To wait for the bearish trend to turn bullish we need to wait.
Experienced and Professional Traders Should Pay Attention Every Step
Even though you have mastered Bandarmology, you still need to master the waiting skills. Because even though you already know what stocks are being accumulated by the dealer and have bought the shares, you still have to wait until the dealer starts to raise these shares.
Because in the end, it is still the dealer who decides when the stock will go up, not experienced and professional traders. Everything needs to wait, in trading the time we spend waiting is much greater than the time we spend buying, selling, or analyzing.
Ironically, not many of us are aware of that and only focus on honing our buying abilities. In life, there is a time to sow, and a time to reap, and between the sowing and reaping seasons there is a waiting time, and the waiting time is always longer than the time to sow or reap.
Unfortunately, for many traders, waiting skills are only used when we are stuck. Waiting for the stocks involved to return to the price we expect is not a skill. The best forex broker will also affect trading conditions.
The Right Steps A Trader Can Take
Because it is not a deliberate or planned process of waiting but is forced to wait. No matter how long we spend in the process of being forced to wait, it will never improve the waiting skills we have.
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When the market is bullish, almost all traders on the stock make money from stocks, whether professional traders or beginners, whether they have 10 years or 3 months of experience, who like blue-chip stocks or fried stocks, all of them can profit from the stock market.
When stock prices continue to rise it is difficult to distinguish between great traders or just lucky ones, but when a bearish trend comes, that's when the difference between great traders and seasonal traders can be seen.
For example, experienced and professional traders must have a strategy, every time BBRI's shares fall 25% from their highest price in the last 6 months, he will buy the shares, and will be sold when the trader has made a profit of 20% of the purchase price.