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Options – Riding Black Swans

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The expression “Black Swan” existed as a description of something that couldn’t possibly exist, at least as far back as ancient Roman times. It was used in that way until black swans were actually found in Australia in 1697. Since then it has described things that were only thought to be impossible, until they occurred. The world of finance has had many black swans. The market crashes of 1929, 1987 and 2008 are obvious examples. No one predicted them beforehand; they are understood only in

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