Web Trader MT5
When traders say that a price “tanked,” they mean it fell quickly and by a noticeable amount. A stock that drops from $80 to $62 after an earnings warning may be described as tanking. The word is informal and has no fixed percentage attached to it. One reporter may use it for a 5% fall, while another reserves it for a much larger collapse. It usually describes the speed and force of a decline rather than its cause. “Tank” can refer to a share, currency, commodity, index, or even market confidence. It should not be mistaken for a technical chart pattern or official market classification.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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