You must have wondered one day about terms like "whales" and "bulls" in trading. Here’s what they mean simply:
Whales:
They are the big investors in the market (individuals or institutions).
They hold huge amounts of currencies or stocks.
They can influence prices with their large moves.
Sometimes they cause sudden fluctuations in the market.
Bulls:
They are traders who expect the market to rise.
They buy assets in hopes of their prices rising later.
Their presence indicates a state of optimism in the market.
They push prices up with their strong buying.
How does knowing this help us?
Understanding these terms helps you analyze the market and make smarter trading decisions. A trader is not considered a professional unless they align their moves with all the significant changes happening in the market, and the movements of whales or bulls are among the most important.
