Corona Virus Pandemic Impact to Trading Forex and Metals? Q&A

Corona Virus Pandemic is make many people panic even forex traders and stock market investors. Will Corona Virus Pandemic affects businesses, investments and even the whole world?

Maybe YES or maybe No. It depends on how people will react and defend themselves to this popular virus; the corona virus. There are lot of readers of this blog from Nederland, United States, Italy, UK, Canada, Philippines, Bali and Australia, they asked if the price of the stocks, forex pairs and even precious metals like gold and silver get affected because of corona virus.

Corona Virus Symptoms

Some people also asking the corona virus symptoms. I replied to them just stay calm and watch every update from news, videos and even on social medias.

• Fever
• Cough
• Shortness of breath

Excerpt from WHO

“Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.”

Reference: 

Corona Virus Mask is on Demand

Some business minded people got an opportunities to sell corona virus mask and they make a lot of money out of selling the mask, the corona virus mask N95. Some people sell corona virus mask on Amazon, eBay, in the public market and even online selling in social media like Facebook and Twitter. Is the corona virus mask effective?

Image Credit: Mark Chang via Flickr CC 2.0

Various Corona Virus Cases may or may not Affect Prices

Because of various corona virus cases, many people and even forex traders, stock market traders and even gold and silver traders got panic. Will they sell their stocks, will the forex pair go up or down, will the gold and silver go south?

Trade what You See on Trading Chart

Here’s the thing, if you were a trader before, you will surely know what will happen to the price of stocks, forex pairs, gold, silver even when there is a panic like this. Just read the trading chart and trade what you see!

You may consider having a health insurance and emergency funds before investing and continue trading forex, stocks and gold and silver.

Corona Virus Pandemic or Epidemic?

Pandemic – an outbreak (of a disease) prevalent over a whole country or the world.

Epidemic – a widespread occurrence of an infectious disease in a community at a particular time.

Source: OxFord via Google Search

Health Tips to Avoid Corona Virus

• Stay updated to news about corona virus.
• Avoid getting closer to people who are coughing, but don’t overact as if they have corona virus (act without offending)
• Prepare mask (N95) maybe a useful to protect yourself in corona virus.
• Better ask your physician immediately when you find corona virus symptoms.
• Always clean your hands, use sanitizers. When you went to public toilets and public places, protect yourself.
• Eat healthy foods to boost your immunity. Be active, be happy, be calm and don’t get panic!