MARKET CRASH

The 1987 Black Monday

admin 9 min read

On October 19, 1987, the Dow Jones fell 22% in a single session — still the largest one-day percentage drop in its history. Program trading and portfolio insurance strategies amplified the selling into a self-reinforcing spiral.

More From the Graveyard
MARKET CRASH
FTX & Alameda Research

Lesson: Verify reserves via cryptographic proof: Only trust platforms that provide clear Proof-of-Reserves (PoR) to guarantee they actually hold your deposited Bitcoin.
LEGEND
The Life of Jesse Livermore

Lesson: Patience and discipline beat prediction — but even legends aren't immune to their own worst habits.
FAILED STRATEGY
The Martingale System

Lesson: Position sizing is everything — a strategy that "always eventually wins" can still ruin you on the way there.
No Comments
Leave a Comment

Your email address will not be published. Required fields are marked *

Search
Buried Something?

Share your blown account or failed strategy — someone else's lesson could start here.

Submit to the Graveyard