i'm currently learning how to trade both manually and with EAs.
I have questions : i'd like to know how to deal in the probability of a price crash like in 1987 (and many others):
Is using a right amount of Stop-Loss enough to counter the money loss? (theorically, yes?)
Is it possible to simply wait for the price to go up again from a very low price (i'm aware it might not come back to the original price, but is it enough to prevent a huge loss of the capital especially when using leverage?)
If we wait, will the broker let enough time for the price to come up again (unlike in the recent Alpari misfortune that closed because of a Swiss currency high volatility)
Is there any other tip i should know to deal with that?
i've looked everywhere on the net but i couldn't find a good answer, so...
thanks a lot guys!
Jeff Le Bas