While there’s a brief ‘calm,’ I want to address an important point: any (especially significant) correction within a bull trend is the best thing the market can offer us. Yes, at times it can be frightening to make decisions, but with experience, this feeling will pass, and you’ll learn to control emotions in such moments.
🔜Trading with the trend has always been the most effective strategy💯. Yes, it can be challenging to find the best entry point during a correction; you might even get stopped out, but there’s nothing to fear as you’ll then have even more advantageous levels for accumulation (I’m currently referring to the ongoing bull trend, but this generally applies to bear trends, although trading can be psychologically more challenging for an inexperienced trader).
〰️As an option, you can scale into positions, but without sufficient experience, such averaging down can be risky, so approach it very cautiously.
Thanks to my experience (study of technical analysis, fundamentals + logical reasoning), I’ve learned to identify key market movement moments. I believe we have read this reversal perfectly. Yes, some positions had to be re-entered from more favorable entry points, which is fully justified at this moment💵 and allows us to eliminate all possible risks (one of the fundamental rules—avoid losses)