Apart from mining fundamentals, the market is mostly being driven by emotions right now.
This is not a trading idea, but a trading question; if this is mostly emotion driven, what makes the most sense;
A 50% drop, and a market that could take a long time to bottom out. (less opportunities for traders)
Or a 100% climb, leaving a lot more possibilities open for trading. (more opportunities for traders)
This is still a traders market. Price doesn't matter as much as some people believe. The volatility matters.
Trade accordingly.
This is not a trading idea, but a trading question; if this is mostly emotion driven, what makes the most sense;
A 50% drop, and a market that could take a long time to bottom out. (less opportunities for traders)
Or a 100% climb, leaving a lot more possibilities open for trading. (more opportunities for traders)
This is still a traders market. Price doesn't matter as much as some people believe. The volatility matters.
Trade accordingly.
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