Post
Topic
Board Trading Discussion
Re: Crash recoveries are not moons
by
112tigra112
on 22/08/2018, 11:58:02 UTC
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
It is definitely true to know that but also if you have lost 10% of your portfolio, it will take so much more than 10% of gain in order to recover. It is a simple math law that I have read somewhere here.