The Selloff...Some Perspective and Some Math

You need to have some perspective to manage money. You need to understand what ‘COULD’ happen.

Outlier events can’t be predicted, but they can be managed. They are manged by honoring money management principles. You need to honor stops and personal pain points. You don’t and you can end up with 80 percent losses which means you need to make 500 percent to get back to breakeven.

Brian has a great video here that shows you what can happen in markets: