🕳️🚨Black Monday: A Historic Market Crash

October 19, 1987, marked a pivotal day in financial history, with global markets plummeting in a single day. The Dow Jones fell 508 points (-22.6%), shaking investor confidence worldwide.

🔑Key Takeaways:

👉🏻Market volatility can strike without warning; prioritize position sizing and risk management

👉🏻Leverage can amplify losses; prepare for extreme swings

👉🏻Opportunities exist amid chaos; sharp drops can signal accumulation points

Trade Setup Example:

👉🏻Entry Point: $DOW 18,500

👉🏻Stop Loss: $17,800

👉🏻Take Profit 1: $19,200

👉🏻Take Profit 2: $20,000

👉🏻Leverage: 5x

👉🏻Margin: 2-3% of wallet

The legacy of Black Monday highlights the importance of fear and fundamentals in markets. Stay vigilant, manage risk, and identify high-probability setups for recovery and growth. Volatility is the trader's playground

👉🏻but only for the prepared.

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