How much will the stock market fall if Biden wins?
- Thread starter thecoder
- Start date
Newbie traders will ask this question
Professional traders wouldn't.
Because we don't have a powerful and reliable crystal ball.
When there is a signal to short, we will short with say 10 lots of index futures.
first 5 lots, we target Reward : risk ratio of say 3:1.
Next 5 lots, they hold on for a long period because we don't know how far the market will go down.
Professional traders wouldn't.
Because we don't have a powerful and reliable crystal ball.
When there is a signal to short, we will short with say 10 lots of index futures.
first 5 lots, we target Reward : risk ratio of say 3:1.
Next 5 lots, they hold on for a long period because we don't know how far the market will go down.
My guess is that if the Democrats sweep, the stock market will initially rise, if not, the markets will initially fall. Right now, both the market and the economy is being propped up by the Fed pumping money into the economy. The Democrats have already signaled that they are ready to pass another big stimulus, and Republicans say no more big stimulus.
Morning maxinger,
I like your comment.
I agree with you on this part. I use to get excited about election night and try to make big money trying to get a board a big drop or rise. This only led to stressful night and non sleeping night after take big loss because not wanting to exit or moving stop loss backward, because stop loss distance is big.
My trading plan is trade from morning to noon. I personally do not see the benefit for me getting excited about one night to trade. I'll sleep that night and wake up and trade as I normally do. It best I just stick to my own trading agenda and forget all the pony and clown show of election night.