FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
FXCC information and reviews
FXCC
90%
Markets.com information and reviews
Markets.com
89%
FxPro information and reviews
FxPro
88%
EUR/USD
1.1712
BTC/USD
44 254.29
GBP/USD
1.3655
USD/JPY
109.9680
USD/CHF
0.9259
USD/CAD
1.2684
EUR/JPY
128.7945

How traders profited off of the crisis with $10000


1 June 2020

Early in the pandemic, when lockdowns were being imposed across the world, we wrote a post about making money during the crisis. The recommendations concerned the shares of major companies, NASDAQ, and gold. Now it’s time to look at the results. Here’s how much two traders with $5,000 and $10,000 made in two months following our recommendations.

In the middle of March, Grand Capital analysts examined the markets and picked the assets to pay attention to during the current crisis. Stock prices of many major global brands and prices of other popular assets were already dropping by then. The UK stock market was down 10%. Across the pond, Dow Jones and S&P 500 hit the worst values since 1987.

Shares: + 71% with 1:5 leverage


In March, we recommended adding the shares of Boeing (BA), Apple (APPL), and Coca-Cola (KO) to your investment portfolio. The charts below show the history of price movement.

The first rule of investment during the crisis is to diversify. If one industry sinks, the others will make up for it. That’s what the trader Pranav S. from India did: he formed a simple investment portfolio with the three shares listed above. In March, one BA share was priced at $148, and the closing price on May 26th was a bit smaller: $147.1. However, the growth in the stock prices of Apple and Coca-Cola covered whatever small losses there were and generated a profit of 71% of the initial balance.

In particular, the stock price of Apple in March was $230, while on May 26th this value reached $325.4. Taking into account a margin rate of 20%, the trader made $3,575 in two months, which is 71.5% of the $5,000 he had started with!

NASDAQ: x5 profit


By March 18th, NASDAQ had lost almost 20% since the last year, and over 25% in a month (compared to February 19th). That’s why we picked NQ as a promising index for planning long positions for the period of 2–4 months.

Trader Cyril K. from South Africa with $10,000 for trading at his disposal split the money into two Standard accounts. He placed one trade following the NASDAQ idea that we suggested. He bought 1 lot for $7,074, and recently he’s closed the trade at $9,538, which means the profit is $24,640, or nearly 500% of the initial balance.

The gold Standard


When the new coronavirus pandemic started, the list of the most popular trading instruments was dominated by gold. It had been rising through the winter, which only fueled the interest of investors, since gold is typically a very stable and strategic part of any investment portfolio during a time of extreme volatility and stock market crashes. As the understanding of the scale of the crisis grew, the demand for gold started to rise, and the price rose with it.

Cyril K. bought 0.5 lots of GOLD on his second Standard account immediately after the price plummeted to $1,500, and sold the contract n May 26th at $1,725 per ounce. He made a profit of $11,055, or 200% of his initial $5,000.

In the end, the trader who had split $10,000 equally between two accounts had $35,650 when he submitted a withdrawal request. Lucrative math, don’t you think?

This example once again demonstrates that a crisis can be something to be afraid of, but also an opportunity to make money. There’s still time, the markets are recovering, and you can make profits with us. Just open an account and, if necessary, consult us on the current market situation for free.

#source

Related

Trade CFDs on the hottest stocks in the market!
Trade CFDs on the hottest stocks in the market!

At FxPro, we are constantly developing and adding new products to meet our traders' needs and have expanded our product offering to include popular new US Share CFDs...

22 Sep 2021

Trading gold CFDs with LegacyFX
Trading gold CFDs with LegacyFX

Commodity trading on Contract for Difference (CFD) basis is a deal between a buyer and a seller to trade not in the actual commodity but on the difference in the price of the commodity...

22 Sep 2021

AMarkets market sentiment indicator
AMarkets market sentiment indicator

AMarkets has recently launched a powerful analytical tool called Trade Analyzer, and we are ready to share another great update with you. Now, all AMarkets clients...

22 Sep 2021

Trade Forex CFDs with your Multi-Asset Broker IronFX
Trade Forex CFDs with your Multi-Asset Broker IronFX

With over 1.200.000 million retail clients, the best trading conditions and a 24/5 multilingual support, IronFX is the preferred choice for those who want to trade Forex CFDs...

20 Sep 2021

El Salvador Just Became Latin America's First Bitcoin Nation
El Salvador Just Became Latin America's First Bitcoin Nation

Why crypto is more than a currency and how El Salvador just became Latin America's first bitcoin nation. Last week, El Salvador became the first country in the world...

20 Sep 2021

The Full Crypto Trading in FBS Trader
The Full Crypto Trading in FBS Trader

FBS Trader, an all-in-one trading platform, released a Crypto account to expand crypto trading opportunities. Keeping up with trends, the FBS broker aspires to create...

17 Sep 2021


Editors' Picks

OctaFX information and reviews
OctaFX
86%
HotForex information and reviews
HotForex
85%
XM information and reviews
XM
80%
FXCM information and reviews
FXCM
79%
Vantage FX information and reviews
Vantage FX
78%
Moneta Markets information and reviews
Moneta Markets
77%

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.