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Track 'n Trade Bulls 'n Bears Trading System
Trade Demonstration: Going Short
Video Transcript
In this Track 'n Trade Training video, I want to highlight that the fact the majority of the examples I'm doing with the Bulls 'n Bears are examples where I'm buying low and selling high.
Well, when trading the Forex market, we're working with Margin Accounts. This gives us the ability to also use these same strategies when going short the market. Going short the market, of course, is when we have a position within the market where we profit when prices drop. We Sell high, first, then Buy back low, later.
Here's an example of what I'm talking about: As you can see our market is currently sitting at yellow, or neutral. As prices begin to fall, we receive a Sell Signal from our Bulls 'n Bears Indicator. Now, what we do here is we Sell first, rather than buying.
We're going to come in here, and we're going to place a Stop Order, to Sell if the market continues to drop in Price. We're going to Sell 1 on a Stop, Confirm. As the market begins to fall, we're going to protect ourselves with a Stop. We're going to Confirm that. As you can see, the market is going to continue to fall. As the market continues to fall, we continue to make money, as markets go down in price. As opposed to going up in price. All the examples that we're going to do with the Bulls 'n Bears, will be exactly the same, only in reverse if you're going short the market.