Story time - The Market Shock

[Mornay]

Tom had been trading forex successfully for a year. He had developed a solid strategy that worked well in most market conditions. However, one day, an unexpected geopolitical event caused a massive shift in the currency markets. Tom’s positions, which were heavily leveraged, quickly turned against him. Despite his stop losses, the rapid market movement resulted in a significant loss. This experience taught him the importance of always being prepared for the unexpected and not risking more than he could afford to lose.