What happens when you’re in a free stock market?
It was just another afternoon in a warehouse in the small village of Atherton, just outside Manchester, and on this day a couple of guys were making a trade.
As the sun set over the village, a pair of black-and-white bulldogs appeared out of the darkness.
A short while later the sound of a helicopter could be heard overhead.
It was the Royal Air Force.
“We’re on our way back to Athertons base,” said the man on the phone.
He had a big grin on his face.
The RAF was taking over the town to provide some much-needed holiday pay.
And so was a young woman who had just bought a share of the town’s stock market.
This was not a normal day in Athertown, a town of around 1,000 people just off the M5 in northern England.
On this particular morning in February 2007, the market was trading at about 40 per cent.
In the middle of it all, the RAF had sent two soldiers to the town with a large amount of stock.
With no time to prepare, the soldiers arrived in a helicopter.
They took stock of the situation and made a decision: They were going to leave town.
For a while, the stock market stayed the same.
But as the helicopter landed and the RAF helicopter landed again, the crowd went wild.
At first, it was only the crowd that was loud and excited.
Then, as the police officers and helicopters moved closer to the market, the cheers grew louder and the volume increased.
All of a sudden, everyone had been put in their seats, and everyone wanted to see what was going to happen.
People started chanting, “It’s the RAF!”
And the market had been taken over by the RAF.
From that moment on, Ather Town would be called “The Town of the RAF”.
It would be the first market that would ever see RAF involvement in a market.
The stock market is an interesting example of how the market is a very volatile event.
When it goes up, it’s a great opportunity for the market to go up.
There’s a lot of pressure to get to the top of the charts, and that’s why there’s a number of factors that influence it.
During the height of the crash in 2008, the UK stock market was up nearly 6,000 per cent, according to a BBC analysis.
Now, this was a relatively small stock market, but it was still a market worth watching.
Trading patterns were still volatile.
So, in order to get a good read on the situation, the people who made the trades would need to have a good grasp of the market.
In a sense, they could also have to trust in their own judgement, and not trust in the market at large.
These two factors were in place for a few days, and in many ways it was the most important thing that happened that day.
Once the stock markets had calmed down, the trading started to resume.
After that, there were more traders who were prepared to invest their own money into the market and were willing to take on the risk of investing in a share in the town.
After a few weeks of trading, the town had regained its original stock market values.
By the time the market returned to its normal level in April 2009, it had increased more than 6,500 per cent in value.
Even with all the pressure to keep up with the market going, people were still willing to risk a few million pounds to try and get a piece of the action.
Over time, these people would become known as “reward traders”.
The fact that people were willing enough to risk that much money to try to get in on the action and get some gains out of it was a real thrill.
Not only did the people of Aterton get a thrill out of a stock market that had been so volatile, they also got a taste of what it was like to be in the UK’s stock markets.
You might have thought that stock markets in the US were a bit more volatile than they are in the rest of the world, but in fact, in many cases they are actually quite stable.
To get a sense of how much volatility stock markets can have, we have to look at a few countries.
Since 2000, stock markets have increased more in value in the United States than in all the other OECD countries combined.
What this means is that the US market is much more volatile.
And what makes it even more volatile is that we’re also seeing a lot more people trying to get into the stock trades of other countries.
In Australia, the Australian dollar has appreciated by more than 3,000 points against the US dollar in the last 12 months