This is true not just for apples, but for market prices as well. If something goes up quickly then it’s certainly more than likely to crash back down. Just look at Gold over the past few decades. It had been rising steadily since the 1930s. Then suddenly in 2011, it went from $1,350 all the way up to $1,922 per ounce in just a few months. Of course it couldn’t sustain that move and gravity brought it back down to $1,292. Last week, many of the markets experienced the same kind of fall back after reaching dizzying heights, but the eToro investment network managed to defy gravity and sustain momentum despite market volatility. This is the CopyTrader Gains Report for the week ending March 28th, 2014.
The Euro and British Pound have come down a bit and are no longer at the ridiculously high levels they were just a few weeks ago. Many of our Popular Investors were able to close some great sell positions and the network is now divided about what will happen next.
Currently, the largest position in eToro is selling the New Zealand Dollar ($NZDUSD). Looking at this chart, we can see why.
Register For...
Free Trade Alerts
Education
1-on-1 Support
eToro Copytrader Tips