saw this on twitter and had to share. Caracas stock exchange went up 17% in a single session after news about their president getting captured by the US.
pretty wild seeing an entire national index move like that in one day, really shows how fast things can flip when politics get involved
for anyone trading emerging markets or have exposure to geo-politically sensitive positions this is good reminder about:
-gamma can destroy you real quick
-position sizing actually matters
-defined risk strategies are your friend in volatile environments
https://i.redd.it/wcr29xxi5rbg1.jpeg
Posted by Suitable-Bridge-6823