Stop Denying the Market: When to Sell and When to Ride the Bull
One of the biggest mistakes traders make is denying clear signs that the market is shifting. Sometimes, when the market breaks structure—like failing to make new highs or showing consistent downward pressure—it’s a sign that a bear market could be on the horizon. Ignoring these signals and holding on too long can lead to significant losses, especially when prices begin to decline. When the trend breaks, it’s often time to sell or at least reduce exposure before the market fully shifts.
However, it’s important to remember that right now, the market is still in a bullish phase. Prices are trending upwards, and there’s no clear sign of a reversal. This is the time to stay in and ride the momentum, not panic. Understanding when to follow the trend and when to adjust your strategy is key to navigating the market. For now, the trend remains bullish, so stick with it—but always be prepared to act if the market begins to show signs of turning.