What do you think about the bankrupt of Liquid Markets?
- Thread starter Oliver Wood
- Start date
- Watchers 2
I have got to agree with you on that, hopefully they will be able to retrieve their funds. But did you know that Liquid Markets were having issues? [link redacted]
black swan event happen sometimes, but unfortunelty it happen during first month of this year, roll back couple years ago we had several similar condition. at times tsunami hit japan latest on, 2008 also happen with most major GU EU. most traders suffer from CHF volatility shocking event, none of fundamental nor technical analysis applied properly, all it's left unpopular 'after' analysis scatter around the net, many traders face negative balance, some company falls broke, others event chasing their clients. while there's still many company survive those fit and proper test, from this point trades should consider diversity upon their account, by not stick with one single company, spread out the balance with any reputable vault, do some deep research, well planned money management is a solitude requirement, not just limited with trading plan management. hope this well remembered by those who survive, as left unforgetable scar for those who suffers, basic market learning did happen 'history always repeat'. well, real traders never quit!
Chief, thanks for the well eloborate explaination on the market events and the inherent traits by recalling history incidents. It provided me some extra insights about the entire market, as a newbie, I never expect that this market is so insanely volatile. But now that I have gained experience and with gathering of additional tips, I will prevail. Indeed that's the right spirit; real traders never quit. 😀
