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What Are Black Swan Events in Forex Trading?
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[QUOTE="moonchild, post: 333409, member: 57467"] 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. [/QUOTE]
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What Are Black Swan Events in Forex Trading?
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