Day: 19 July 2015

 

Danger in volatile instruments

The chart below is of BITCOIN (BTCUSD). Some people would have lost a pile of money on just a 10p bet even though they had stop-losses in place. No – this didn’t happen to me. What this means is that there are hidden dangers in playing very volatile instruments. You have to know the name of the game. If you’re playing with fire, ensure you can escape.