Good morning. I am Mike and I am new to FT since December.
My first post here and I am a complete newbie to this exciting world!
I understand alot of my etfs and a pretty hefty investment in itm power lost a remarkable amount the day after I invested this week.
Although pretty frightening as I thought I did my research, I understand there are a lot of issues in the world right now, however, whilst I am still trying to decifer and learn all the acronyms I see on the forum and across the world, could somebody please explain in simple form what has actually happened to create this ‘mini crash’.
Many thanks, take care.