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What do you think about impact of corona virus on trading globally?  

  

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Hello everyone!
I hope everyone is safe and trading at home!

It seems like the pandemic will be staying with us for quite a long time. Or in other words, we would have to learn to live with this virus. I would like to know your suggestions and thought on how it would impact our trading in long run.

6 Answers
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I completely agree with you. The market will certainly show signs of recovery sooner or later. No trend is permanent, all the economies will surely speed up their recovery in coming years.

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Yes, it is a difficult time… Time of fighting for survival. Many small business are hit atrociously and as far as trading is concerned, in such an unstable environment it becomes almost impossible to predict and focus on a trade idea. However, Gold continues to operate as a safe heaven… At least one thing that is predictable.

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Most people since they are at home, they will try trading and many will loose funds. We all know if you start Forex by trying it never ends well. But also markets are not moving as they should do making it even hard to  place winning bets. 

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Anaylists wa uchumi wana predict kwamba itachukua mwaka mzima to get back to normal. This means the hit is very tough/ rock solid

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So hard majority of businesses have died over the past months

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Too bad but we hope we shall recover soon.

@alex_makando
Yeah brother

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