Dosen't get shorter than that keep it simpleBull - BUY
BEAR- Sell
I think it is a very vague answer as markets never stay the same, maybe on the chart you can see that the trend is bullish, however, it is not necessary that it is the right time to enter a buy trade. Generally people buy when the market is down or bearish.On the bullish market trend we need to BUY, when it's time for bearish trend - then go SELL.
Thats actually a better explanationGenerally, when there is a correction of 20% or more from the 52-week high, we tend to refer to this as a bear market.
Similarly, when the markets rise 20% or more from the correction, it is said to be a bull market.
Yeah, you are right, but when the market is on the downtrend than it is not always a good idea to Buy, but I agree that we need to buy, but some trend reversal signals must be on the chart.I think it is a very vague answer as markets never stay the same, maybe on the chart you can see that the trend is bullish, however, it is not necessary that it is the right time to enter a buy trade. Generally people buy when the market is down or bearish.
Yes that is absolutely true, there are a lot of factors to consider before entering any trade, I just pointed you out there because it was a very casual answer. I hope you are not offended.Yeah, you are right, but when the market is on the downtrend than it is not always a good idea to Buy, but I agree that we need to buy, but some trend reversal signals must be on the chart.