# Strategies CFDHero allows users to trade in both bull and bear markets with long and short strategies. Bots supports both directions but each bot is configured to be in one. To trade both directions with the same settings another bot must be used. You may make a copy of a bot and change the strategy to trade an asset in both directions. ### What is a Long strategy Buying an instrument with the native currency (USD for example) expecting that the value of the stock will rise. A profit is made when you sell the stock that has appreciated in price. ![(Trading the CFD crypto BTC/USD instrument)](/files/-M64CYy-trbzL-Wn_yqT) ### What is a Short strategy? Selling an instrument in anticipation that the price will drop in the future. A profit is made when you buy back the same stock at a lower price. ![(Trading the CFD crypto BTC/USD instrument)](/files/-M64CadJ7zKWmHtxkc0F) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.cfdhero.com/bot-settings/strategies.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.