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Coronavirus outbreak - markets

Elias64453 (Elias64453)
Mar 04 2020 at 11:27
12帖子
I also noticed a panic and an outbreak of this virus. everyone needs to calm down and not panic

togr (togr)
Mar 04 2020 at 11:55
4862帖子
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

Kingace (Kingace)
Mar 04 2020 at 12:01
40帖子
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
togr (togr)
Mar 05 2020 at 13:03
4862帖子
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
Mar 06 2020 at 10:45
10帖子
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




PeteLanceley
Mar 06 2020 at 12:16
48帖子
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
Mar 09 2020 at 12:31
10帖子
Stable markets are boring. No volatility. Markets need a little excitement to get them moving

togr (togr)
Mar 09 2020 at 13:37
4862帖子
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.

togr (togr)
Mar 09 2020 at 13:37
4862帖子
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.

Kingace (Kingace)
Mar 11 2020 at 14:42
40帖子
togr posted:
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.


Stay glued to your systems, as you know, there is no holy grail, there are bad times as well as good times, just continue to grind and set your eyes at the ultimate price, i wish you good luck.

Proverbs 22 vs 29
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