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2022-10-04 01:29
Technischer IndexBull and Bears for beginners
Bulls and Bears
What is the first symbol of the financial markets that pops into your mind when you think about Wall Street? Most probably it is the bronze sculpture of the Charging Bull.
This iconic bull is the symbol of aggressive financial optimism and prosperity. It has an opposite character – a bear — and together, they represent the dual nature of the financial markets. The terms “bullish market” and “bearish market” are often used when describing the underlying trends of the market.
Bull market
Bullish or “bull market” is when the market is showing confidence: currency or stock prices are going up. A bullish trader believes the market will rise. This term is used because when bulls fight, they throw their opponents up in the air with their horns.
Bear market
Bearish or “bear market” is when a currency or a stock rate goes down. Bearish traders are the ones who believe that the rate will decrease. When bears fight, they push their opponents to the ground.
This is how you can remember how to distinguish between these two terms.
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