RE: FTSE futures up28 Aug 2020 15:43
"BTW did you know that it has been statistically proven that 'time spent in the market' is much more financially rewarding than ever trying to second guess and 'time the market' to pick any tops and bottoms."
Have you got a reference for that barnyard? Try telling that to AIM long term holders, or BP long term holders for that matter.
Timing the market is an effective way of reducing risk. Moreover, time spent in the market in these turbulent times is a risk in itself.
That is why we are seeing these swings as savvy traders take profits where they can.... 5 % or 10%.