What is Bull market? Please Explain.
Bull market is the condition of financial market in which prices are rising or are expected to rise "The term bull market"is mostly use to refer to stock market but can be applied to anything that is tradable such as bonds, currencies and commodities
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Bull market may also be considered as a situation whereby the price of stock or commodity rises by 20% from recent low
What is bearish market? Please Explain.
A bear market is a financial market experiencing prolonged price declines generally of 20% or more, a bear market usually occur along with widespread investors pessimism that is the fear of buying stocks , large scale-liquidation of securities that is the fear that the stock will fall very low and other assets and a weakening economy
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How we can avoid risk and can make profit in both markets?
In trading there are two major trading techniques that is the market order and the limit order,
The market order is when you make an order either to buy or sell and the order will be initiated immediate at that current price whilst the limit order you can buy your stock at higher or lower price for example if btc is $64000 when using the limit techniques you can decide to set it to buy when it is at $65000 the same goes when you what to sell your stock
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So in order to avoid risk and make profit it is more advisable to make use of the limit order techniques because it has the features that can help limit or avoid risk and help you make profit for example when BTC is at $64000 and you what to buy is it is at $65000 you can set a stop loss for 1 or 2% so that should in case the price falls below $64000 you will not lose all your money instead you will loose some percentage and when the price gets to $65000 it will pay out and you have made your profit instantly the same rule applied when you what to sell your stock
It is advisable one should join telegram, discord groups for signals
I'm inviting my friends @josepha, @malikusman1,@samuelernest to get part in this wonderful contest.
Assalamu aleikum, how are you friend.
Yes, you have added the option of limit order to avoid risk, Masha Allah, it is a very good thing.
And along with the risk factor, limit order can also save our time and we can set a limit after analysis and leave it, we do not even need to look at the chart again and again or sit in front of the chart.
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That is very correct sir
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Ofcourse my brother
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