Coronavirus outbreak - markets
I also noticed a panic and an outbreak of this virus. everyone needs to calm down and not panic
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Mar 04 2020 at 11:55
The problem with coronavirus is not marginal.
About 3.5% of infected dies.
It is very infectious so you can get it easily.
Infected person might have no sign of infection and can spread the virus to manu other persons.
On the other hand there is no need to panic, you cant just stay home for next 3-10 years
About 3.5% of infected dies.
It is very infectious so you can get it easily.
Infected person might have no sign of infection and can spread the virus to manu other persons.
On the other hand there is no need to panic, you cant just stay home for next 3-10 years
Tony Pipsy
(Kingace)
Member Since Dec 20, 2014
40 posts
Mar 04 2020 at 12:01
Freddy123 posted:
I think we all will die from it.
HAHAHA.....In that case, i am better off withdrawing my capital and going on an expensive vacation in South Africa...Maybe that's exactly what i will do
Proverbs 22 vs 29
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Mar 05 2020 at 13:03
Kingace posted:Freddy123 posted:
I think we all will die from it.
HAHAHA.....In that case, i am better off withdrawing my capital and going on an expensive vacation in South Africa...Maybe that's exactly what i will do
Get money and go to some deserted island,
you dont die from Coronavirus but from one of many other reasons :)
swaggering
Member Since Sep 24, 2019
10 posts
Mar 06 2020 at 10:45
Corona virus is serious stuff. Estimates are that 50% of the world population will get it and 2% will die. That is 70 million people.
10% of people who get the virus are expected to need hospitalisation. That is 350 million people, Do you think the worlds health systems care can handle that?
The virus and governments reaction to contain it will cause huge economic disruption which will tip US and Europe in to recession. The economic situation then spirals downwards...…welcome to the next downturn
10% of people who get the virus are expected to need hospitalisation. That is 350 million people, Do you think the worlds health systems care can handle that?
The virus and governments reaction to contain it will cause huge economic disruption which will tip US and Europe in to recession. The economic situation then spirals downwards...…welcome to the next downturn
PeteLanceley
Member Since Nov 06, 2018
31 posts
Mar 06 2020 at 12:16
togr posted:
Hi there,
is it just me or anybody else is having trading issues due to Coronavirus outbreak?
I hate such events; Brexit were messing with trades for a long time and Covid could be even worse...
It's one thing after another, Brexit, trade war, Iran, Corona Virus. I'd love to know what it was like to trade in stable market conditions!
TheGreatRecycler
Member Since Sep 25, 2019
10 posts
Mar 09 2020 at 12:31
Stable markets are boring. No volatility. Markets need a little excitement to get them moving
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Mar 09 2020 at 13:37
Markets are crashing.
The CME has halted pricing as U.S. markets fall
Hello ,
Pricing on U.S. indices has been disabled by exchanges following a significant plunge. It is expected to be a temporary issue, however, this means the total market impact won’t be clear until pricing resumes. As there is no price to fill positions at, open trades cannot be closed, and new ones cannot be opened.
What happened?
Earlier today, exchange circuit breakers were triggered after a 5% drop in U.S. stocks — the maximum markets can fall overnight. Saudi Arabia has waged an oil price war against Russia, resulting in the worst trading day for oil in almost 30 years.
How long will this last, and what happens next?
It is unclear, but we expect a resolution from exchanges throughout the course of the day. When pricing resumes, orders will be filled at those current market prices.
Will this be a once-off?
Pricing may come and go until the market normalizes.
The CME has halted pricing as U.S. markets fall
Hello ,
Pricing on U.S. indices has been disabled by exchanges following a significant plunge. It is expected to be a temporary issue, however, this means the total market impact won’t be clear until pricing resumes. As there is no price to fill positions at, open trades cannot be closed, and new ones cannot be opened.
What happened?
Earlier today, exchange circuit breakers were triggered after a 5% drop in U.S. stocks — the maximum markets can fall overnight. Saudi Arabia has waged an oil price war against Russia, resulting in the worst trading day for oil in almost 30 years.
How long will this last, and what happens next?
It is unclear, but we expect a resolution from exchanges throughout the course of the day. When pricing resumes, orders will be filled at those current market prices.
Will this be a once-off?
Pricing may come and go until the market normalizes.
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Mar 09 2020 at 13:37
Dear Trader,
The market is currently experiencing high volatility. It’s important you monitor your positions, ensure you have funds available, and appropriate risk management in place to reduce the impact of gapping risk on your portfolio.
What should you do?
IC Markets urges its clients to take precautionary measures in relation to
This includes:
Assessing and reducing risk exposures;
Setting stop levels;
Monitor your positions closely.
Furthermore, additional funding may protect any open positions being affected (for example; margin calls) from large adverse movements in the market.
The market is currently experiencing high volatility. It’s important you monitor your positions, ensure you have funds available, and appropriate risk management in place to reduce the impact of gapping risk on your portfolio.
What should you do?
IC Markets urges its clients to take precautionary measures in relation to
This includes:
Assessing and reducing risk exposures;
Setting stop levels;
Monitor your positions closely.
Furthermore, additional funding may protect any open positions being affected (for example; margin calls) from large adverse movements in the market.