These updates are just some of the countless ones on Twitter and they range from shock, rage, to just plain confusion. I have grouped them into 6 types of tweets:
1. The “WTF HAPPENED?! tweets
First came the violent reactions…
2. The “I can’t even” tweets
When something is too overwhelming to explain, sometimes you have to resort to jokes and metaphors…
3. The “I told you so” tweets
As with any black swan event, there’s no shortage of analysts who have seen it coming.
4. The “What Have You Done?!” tweets
We can’t miss traders giving their two cents on what happened with the SNB and its impact on the markets…
5. The “Optimist” tweets
Because some people would rather look at the silver lining…
6. The “Trading 101” tweets
Once the shock has subsided (somewhat), a lot of market players are picking up lessons to learn about this once-in-a-lifetime event.
How about you? What kinds of tweets/updates have you seen on your social media feeds for the past couple of days?
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“Huck loves her bucks!” I always say. The problem, of course, is how to make those bucks!! I'll be posting my adventures as I traverse the forex world while trying to catch some pips along the way. To do this, I will make use of classical charting methods as well as develop my own mechanical system. Not only will I talk about FX, but I'll also share how my day went along with any currency trade updates. Hopefully, by the end of this tale, I'll be able to achieve my goal of becoming a consistently profitable foreign exchange trader.
There is no such thing as being right or beating the market. If you make money, it is because you understood the same thing as the market did. If you lose money, it is simply because you got it wrong. There is no other way of looking at it.Musawer Mansoor Ijaz