Trading??? Let’s discuss briefly18 Feb 2020 07:58
A bit of advice if I may but each to their own and dyor: don’t trade. 90% of trading is loss making, as per all markets analysts and own experience. You might get it right once, but 9/10 you make a loss. Better, as the Sage of Oklahoma the world most successful investor worth over 200 billion (I think) says, find a stock of value before the crowd and be patient.
Trading involve emotions ie fear and greed, which leads to irrational actions.
Yes some people traded successfully yesterday and I’m genuinely pleased for them. But how many times they got it wrong trading the stock markets? And how many others lost.
Recall last Tuesday/Wednesday: sp went up over 80p then brought down to 55p only to the next motor to past 90...and 166? Those who sold last Tuesday and didn’t get back (many won’t for “fear” of “it’s gone up too much, soon it will drop back”) are angry (“emotion”) with themselves.
It’s clear ncyt is that stock of value that this sad unprecedented situation has brought and many will come to invest in it. IMO, but DYOR.