@titansoftomorrow: One of the most dangerous thoughts in trading is: “It has to bounce.” Boris learned the opposite during the 1987 market crash. When genuine panic takes over, support levels, perceived value and everything you think “should” happen can become irrelevant. Traders keep buying because something looks cheap. Then it gets cheaper. They buy again. Then cheaper again. The lesson Boris took from it was simple: respect your stops and never assume the market can’t go lower. Sometimes capital preservation matters far more than being right about where value “should” be.

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2026-09-09 08:21:35

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