Yea, I was kind of thinking that getting stopped out is a sort of mini-black swan. Because there's no reason to take a trade that isn't profitable. So, getting stopped out is something you didn't expect to happen.
I mean, I don't see the relevancy of something that is supposed to provide transparency to something that is inherently opaque. It just seems to me that L2 provides a false sense of market clarity, when there is none.
I'm just wondering how people manage their trading knowing that at some point a black swan event will occur. I'm thinking something along the lines of:
1) Live in a constant state of fear and trade as if a black swan event could occur at any moment.
2) Never give it a thought, since it would...
What's the incentive to work harder when you're grossly underpaid?
I really don't see what CEO's do that makes their job any more tough than a cashier at McDonald's. Granted, CEO takes more brains and ingenuity, but no more or less of a work ethic.
Why indeed. Thanks, finally "finished." This stupid thing was giving me a headache.
upbars = IIf ( C != O , Sum ( C > O , BarsSince ( O > C ) ) , 0 ) ;
downbars = IIf ( C != O , Sum ( O > C , BarsSince ( C > O ) ) , 0 ) ;