I have been thinking. Even if one was to trade for 5 years straight in profit, but one of those flash crash in 2010, swiss black swan in 2015 and other black swans would pretty much clean your account and furthermore, you may end up even owing the broker money because the volatility was too high for closing orders...
I am wondering how would you as a trader avoid these situations? I know one of them is to analyze global situations from economic perspective. However, not everyone understands the cause/reaction of these events around the world.
I am wondering how would you as a trader avoid these situations? I know one of them is to analyze global situations from economic perspective. However, not everyone understands the cause/reaction of these events around the world.