On Oct. 10, 2025, global markets plunged after United States (US) President Donald Trump announced he would impose an additional 100-percent tariff on goods from China. The reaction was immediate and violent, particularly in the cryptocurrency market, which suffered its largest liquidation event ever. Around $19 billion in positions were wiped out within hours. Prices rebounded just as quickly, but for many traders, the damage was done. A friend of mine who trades these markets said that people in his trading group lost vast sums of money during the fiasco, particularly because of a combination of leverage and stop-losses.
According to Investopedia, a stop-loss is an order that tells
Continue Reading on Manila Bulletin
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.