As I’ve mentioned in my last blog post, I starting stock trading again and this time as I trade and learn, I will blog about them. The decisions I made and what I learned in the trades. Hopefully I get other experienced stock traders to share their thoughts and help guide novices like me.
This week, I was coming out from a loss of about $100 and was waiting for my funds to get settled where that date was on Wednesday, February 10, 2016. We are currently in a bearish market, the trend has been going down for the past 3 months.
But that does not mean money cannot be made, but it is often not advised to buy stocks this time because as the trend goes down, the more you lose. By the time it goes back up, you are just making up with what you lost. Some people may advise it is a good time to look for bargains of high value companies that are nearly assured to improved when the market goes on a rebound.
How to make money in a down market?
With my few years of experience in trading, the ways I am aware of making money in a down market. I have 6 strategies here to choose from, but based on my knowledge, amount of time to invest, amount of funds kind of dictate what strategy I can do.