Asian Stock Market Falls

One of my officemates was inviting me last week to invest in stocks because he found that stock prices are on the rise. He has shown me his account and he has gained alot in a matter of days. It's good I have no extra money to buy stocks.

Yesterday, he approached me. Stock prices are down. The plunge in Shanghai's stock market have affected other countries including the Philippines. When I heard of the news, I also checked my forex trading account. There is indeed an effect. All my open trades are in the red again. What is good about it is I am still using my virtual account so there is no actual money lost.

I am not directly affected so I'll just be on the sides and watch what will happen to the market.


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