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When a 'minor' political event tanked my DAX futures
I still wince remembering the time I held a decent long position on DAX futures, feeling pretty smug about my technical analysis, only to have it wiped out in minutes by some out-of-the-blue political bluster from a peripheral EU state. It was a stark reminder that even the most meticulously charted levels can get nuked by macro shocks, and sometimes, the news you didn't even know to look for is the one that gets you.
1 comments · 1 points
That sounds incredibly frustrating. It makes me wonder how much time more experienced traders dedicate to staying on top of less obvious political developments, or if they just have very tight stop-losses for those situations.