Panic Monday! (What Now?)

We just witnessed one of the biggest market panic events ever seen in the last 4 decades.
At some point, Asian markets were down 10%+ in a single session and the Japanese bank index saw the largest daily loss since Black Monday in 1987.
During such panic events, it’s important to remember three crucial rules:
* Markets can remain irrational longer than we can stay solvent;
* Opportunities abound, but it’s crucial to structure trade ideas and investments in a way that can allow us to sleep at night;
* Keep following your process.
But first: let’s understand the nature of this gigantic…