Why don't you recommend shorting?

In the market, whether the market goes up or down, you always have a variety of trading strategies to choose from: long, take profit, short, close short, or long-short conversion. Experienced traders know that long-short conversion should be excluded first, because in the long run, the wear and tear cost of this strategy is very high. In this way, we are left with only two strategies: long take profit and short take profit.

First of all, we must understand that holding a long spot position can withstand a callback, especially for assets that continue to set new highs like Bitcoin. As long as you give enough time, you have room to make mistakes. But shorting is different. When the market top has not yet formed, no one can accurately predict where the real top is.

If you really want to accumulate wealth in trading, at least learn to deal with shorting in a long way. Even if the market falls, choose to buy the bottom and rebound instead of shorting directly. Long-term shorting will shape your way of thinking, resulting in you can't help but short every small top when the real trend comes, and then you will be stopped out or even blow up.

The real bull trend is the key moment to get excess returns. You can't make big money in a volatile market. If you expect to prove yourself through operations in a volatile market, you may be at a loss when the trend really comes.