Trump just announced that the Navy will blockade Iran, and Iran responded directly with, "The blockade will only restrict the Strait of Hormuz, not open it," cutting off the way out.

This is not just bluster—Hormuz accounts for nearly 30% of global oil transportation. If the situation escalates, the volatility in oil prices and related assets will be even crazier than expected.

The most frightening thing in trading isn't the known risks, but these black swan events that could explode at any moment. Now every step must be taken based on news, with not a hint of luck involved.