A short excerpt from a YouTube video by Kosta Ouzas explaining a trading example for profiting in a bear market. The speaker describes entering a trade at 118, re-entering at 113, and demonstrates how their approach can "walk" price up or down to realize profit even when the market declines.
118
113
When the market gives us the opportunity, we take it straight away. As you can see here, we took profit and we started a deal again. So if the market was to, you know, we entered here at 118 and now we've reentered here at 113, just gives you an idea that if the market, if this was a bear market, we would now have a huge range to be able to go down even further. And how we're able to actually walk the price down, you can see from this example, the price goes up, we're just going to walk it up, but we're able to also now walk it down. And you can clearly see here that we've made a decent profit from a long only strategy and the market has actually gone down.
