10 Years after Brexit Vote

Ten years ago to the day, on the eve of the Brexit vote, I shared a view that GBP strength was temporary and that any Brexit‑driven volatility in Indian markets would likely be a buying opportunity.

The Pound collapsed 12% the next day, and global equity markets reacted sharply.

Looking back a decade later, being “right” on a big call undeniably feels good — but that’s only a side benefit.

Markets are humbling. What matters far more is having a methodology that defines your downside ahead of time, forces you to accept risk without ego, and keeps you grounded when narratives get loud.

The real utility of Elliott Wave and Technical Analysis isn’t about predicting headlines. It’s about recognising inflection points early, sizing risk small, and staying open to outcomes the consensus hasn’t priced in yet.

Here’s a look back at that conversation from 10 years ago: https://www.youtube.com/watch?v=zJV8TPW1otI

What is one market lesson from the last decade that has changed how you view risk today?

#Nifty #Brexit #GBPUSD

What is one market lesson from the last decade that has changed how you view risk today?