Black Monday

[Balance]

what happened to dont fight the fed

Did you read what the Feds said yesterday?

And yes, never fight the Feds. Never!

[arc]

Looks like lots of people have turned into "day traders".. or perhaps "20 day traders."

[bull....]

Looks like lots of people have turned into "day traders".. or perhaps "20 day traders."

think theres a lot of them hiding in the closet on this site , but woont admit it

[arc]

think theres a lot of them hiding in the closet on this site , but woont admit it

I think it may also have caught the "bigger" traders by surprise. Most people were expecting a larger and longer decline... and the irrational buy-buy-buy from the newbs has disrupted some plans

[King1212]

Long term my arse.....so long the newbies have an access to online flat form.....they will got chicken out n sell...so expecting worse to come....

Today is Friday......not sure what happen at Dow tmrw trading

Sell...sell..sell

[bull....]

I think it may also have caught the "bigger" traders by surprise. Most people were expecting a larger and longer decline... and the irrational buy-buy-buy from the newbs has disrupted some plans

for sure the newbs took over the market. but there getting a lesson today and last night

[Balance]

for sure the newbs took over the market. but there getting a lesson today and last night

40% up and 10% down.

Good lesson & experience for the next round?

[Cadalac123]

This type of volatility is a godsend and i'm not sure why anyone would be upset about the markets crashing - you can actually learn a lot, sure maybe lose some paper gains but overall it'll be positive long-term depending on how you deal with it

[Lorne Ranger]

Video showing perfectly the post COVID recovery cycle - gains and losses and mostly hope.

https://www.youtube.com/watch?v=aNaXdLWt17A

[Balance]

This type of volatility is a godsend and i'm not sure why anyone would be upset about the markets crashing - you can actually learn a lot, sure maybe lose some paper gains but overall it'll be positive long-term depending on how you deal with it

Great for traders but not so good for the faint hearted and those with short term investment horizon.

I genuinely hope that the tens of thousands of new investors attracted to the market during the lockdown are learning how to invest and will stay around.