US30 long - weekly timeframe, Corona Virus

2020년 3월 13일

Hello Traders !

Investing: Always a got way right now because of the Corona Virus. But think longterm. Of course we could see US30 dropping more. Therefore I would split my investment and purchase at different prices. For example now. If we will see the price dropping more than buy again and so on. On the long rung(5-10years) you will make nice profits. #thinklongterm

Trading: If you consider only trading it a little bit I would wait for weekly close before taking long positions. Make sure to keep an eye on Price Action in order to know where to close your trade. Stocks are very violent some time and they react pretty well on Price Action Candle Sticks. So keep that in mind.

Corona Virus: What impact will have the Corona Virus on the long run for us? Actually Corona Virus is not that dangerous like we all "think". Of course it is a serious problem but we do not need to make the problem bigger than it is. You as a person need to decide if you can do something against it. For example doctor, researcher, ... But you as a normal person can do 1 important thing. To not spread panic! The crash on SPX , Dow, ... is the sum of the panic reaction of all people. Simply.

Our luck is that the Corona Virus based of facts will not affect our world much. Therefore the whole economy will recover. This is why I recommend investing your money.

That was my View of the current situation of Corona Virus and the impact on our economy and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions.

Thank you and we will see next time
- Darius.