Taking a break from my normal investment journey posting, I would like to share little my thought on the current market conditions, what we should do and hope you too can decide on your next trading plans.
Previous major events, Hong Kong protest and the Iran US war tensions didn't really put a dent to the investor's confidents. A short dip in selloff and follow by fast V-shape recovery seem like a common patterns. However, this time will be different. The market is full of fears now. The coronavirus outbreak strike the heart of world's most populous country causing a lot of uncertainty in the market. When will this flu epidemic going to end? What is the impact to the economy? Can we justify the current market's valuation with this risk? With so much uncertainty in the air, a major sell-off is inevitable. Human's emotions can flip from extreme greedy to extreme fear like a switch. It will be madness when everyone try to exit the market at the same time. You may think the speed...