1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Bear market: unless riding rollercoasters is your thing better sit this one out

Discussion in 'Market News' started by Lily, Jan 24, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,382
    Likes Received:
    0
    For those willing to speculate at times of high volatility there is money to be made, but it takes more courage to take the long view and keep your sanity

    As if it weren’t bad enough being mauled by a bear market, we have to get mauled on a rollercoaster as well.

    The UK entered a “bear market” last week – one where the indexes have dropped 20% from their highs. Here in the US we are suffering wild swings but we’re not technically bear yet. Taken day by day, the percentage-point movements sound anodyne enough – 1% here, 2% there. Until you realize that they translate into the kind of movements in the major stock market indexes and individual stocks that we simply haven’t witnessed in years.

    Related: Stock markets plunge as investors fear global economic slowdown

    Continue reading...
     

Share This Page