Put Perspective on your Profile!
Rich or poor is a matter of
perspective. Just as high and low, thick and thin, and up or down.
We can only really measure a thing when we have a point of
reference. Then, from that point we can explain where something
else is in relation. For example, the $EURUSD (Euro Vs US Dollar)
is right now at the highest point that it’s been since 2011.
However, if we zoom out the chart, we’ll see that it’s still pretty
low in relation to where it was in 2008. This is the CopyTrader
Gains Report for the week ending March 7th, 2014.
The name of the game is to buy low
and sell high. This is why many investors in eToro are selling
things like the Euro, the British Pound, and the $SPX500. All 3 of
these are very high right now in relation to where they’ve been for
the past few years. That doesn’t mean that they’ll fall today. But
from the perspective of our Popular Investors, the sentiment seems
to be that what goes up must come down.
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