“It is down by just 11.3%! That’s nothing compared to what we had in 2008 crash. That was more like 43%. There is nothing to worry about. It is just an overreaction. It always comes back and we will be on our way to make money on the bull run.” — A fellow trader tried to calm his own nerves and those of around him after seeing Corona Virus market meltdown.
But then is it true that markets always ultimately become bullish? If so, how long shall traders wait for them to become bullish? Are corrections, crashes and black swan…
Founder @ Vikinsa Capital Management | Forex, Indices, Commodities and Stocks Analyst & Trader | ex-Morgan Stanley | ex-Credit Suisse | FCPTrader