⚠️ Black Monday: A Historic Market Crash October 19, 1987,
MoneyMindset86
Updated at: 3 hours ago
{"content":"⚠️ 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.
#BlackMonday ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/26/45e5ae290956d8eb923fbeacb79cb279.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}