Relax, it's not a black swan...

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Do you want to know what a black swan is?

Black swan - an unpredictable, sudden event that has a major impact on the market. Such an event is characterised by 3 important elements:
  • it is unexpected (subjectively very unlikely)
  • it has devastating consequences
  • looking back, it seems that it could have been foreseen and can be explained.
Its occurrence can result in very high profits or losses on your current open positions. Examples of such an event may include the attack on the World Trade Center on 11 September 2011 or the Black Thursday of 15 January 2015, when the Swiss National Bank de-pegged the Swiss franc. We hope that, compared to those events, our black swan will not damp down your spirits...