Most of us will be aware of the danger of Black Swans – in trading, an unexpected, sudden and extraordinary price move. But if they can’t stopped and they can’t be predicted, can we do anything to be on the right side of a market Black Swan? So when price crashes, we’re already short. Or when price rockets, can we be already long?
I’m going to say most Black Swans in trading could have been profitably anticipated (I’m not saying predicted) by being long when price and the 20EMA were above…