: Just because a currency pair has stayed in a range for 100 days doesn't mean it will on day 101.
: The first rule of trading isn't maximizing returns; it's avoiding ruin . If you blow up your account once, you can no longer play the game. 2. The Barbell Strategy for Forex Nassim Nicholas Taleb - Forex Trading Strategies
Surviving Extremistan: Trading Forex Like Nassim Nicholas Taleb : Just because a currency pair has stayed
While Taleb’s institutional strategy is "brutal to execute" due to constant small losses, retail traders can apply his principles: Black Swan Events Explained - FOREX.com US Taleb suggests being the buyer of that insurance instead
: These strategies make small, consistent profits for a long time but carry a hidden risk of total wipeout.
: Many institutional models implicitly "sell insurance" against rare events. Taleb suggests being the buyer of that insurance instead. 4. Practical Implementation for Retail Traders