🚀 Beginner Course – Lesson 7
In the previous lesson, we discussed:
📊 How to Build a Simple Trading Strategy
Now let’s understand something every trader must know 👇
📈 7️⃣ Identify Market Trends (Bull vs Bear Market)
Before entering a trade, always ask:
👉 What is the market trend?
Trading with the trend increases your chances of success.
🐂 Bull Market
A bull market means prices are generally rising.
Characteristics:
✔ Higher highs
✔ Higher lows
✔ Strong buying pressure
During a bull market, traders usually look for buying opportunities.
🐻 Bear Market
A bear market means prices are generally falling.
Characteristics:
✔ Lower highs
✔ Lower lows
✔ Strong selling pressure
During a bear market, traders become more cautious and protect capital.
🪙 Example with Bitcoin
When Bitcoin continuously makes higher highs, the market is bullish.
When Bitcoin keeps making lower lows, the market becomes bearish.
Understanding this helps you trade with the market instead of against it.
📌 Beginner Tip:
Trend is your friend.
Trading against the trend is one of the fastest ways to lose money.
Next lesson coming soon:
🧩 How to Choose the Right Crypto Project Before Investing
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