moonchild
VIP Contributor
Nassim Taleb in his book, Skin in the Game, he talked about black swan events, well what's basically a black swan? These are types of events that are not anticipated, for example the Covid 19 we just got out from, it came all of a sudden and change the markets.
Businesses were forced to close, workplace shutdown and unemployment went up drastically, markets started moving crazy pips in a day without any distinct direction, to protect yourself from black swan events always use a stop loss and monitor your charts intimately, these kind of events might not happen everyday but when they do their effects are devastating.
Businesses were forced to close, workplace shutdown and unemployment went up drastically, markets started moving crazy pips in a day without any distinct direction, to protect yourself from black swan events always use a stop loss and monitor your charts intimately, these kind of events might not happen everyday but when they do their effects are devastating.