Join CM Trading webinars and understand the basics of trading.We’re more than halfway through 2021 and while the markets started strong in January, the global economy is feeling the pressure from the “third wave” of the pandemic. SA’s economy, while still severely crippled, has started to rebound and has ramped up its vaccine rollout.
As a spike in Covid-19 sends ripples through the market, many traders are asking — is now a good time to invest? CM Trading CEO Daniel Kibel shares his thoughts on market volatility and highlights some top trends investors should be watching in 2021. The markets and global economy are reeling from a new wave of the pandemic: is now a good time to trade?
I think that’s the beauty of trading. The markets aren't clear at the moment, because nothing is clear at the moment. Will the stock markets continue to rise? Is Covid-19 over or not for the financial markets? We thought it was, yet now, we’re dealing with the new Delta and Beta strains. Overall, we’re living in interesting times and this uncertainty is what translates to higher profit potential in online trading.
Uncertainty creates volatility, which allows for huge opportunities in the market. Traders need to realise this is not a stable market; you’re either going to make it big or you could lose money. You need to go into this with your eyes open. The guys who make real money do so during conditions such as these. So now is the perfect time to enter the market, but caution is advised. Globally we’re not clear where we are. Certainly, in the developed world, vaccinations have taken off.