FWIW... Today's decline might be cautious investors selling/hedging. None of knows the outcome of the election nor the ramifications... be cautious or gamble...
I'm just curious. What exactly do you mean by "election uncertainty"? Is it that you think the markets are going to instantly tank if one or the other candidate gets elected?
Could be.. we don't know. I always advocate "protection of capital". Even when wrong and you "miss a chance", your capital is still intact for the next opportunity. (I'm one of those traders who has never blown up an account.. my philosophy is perhaps why.) Missing an opportunity is not a killer... taking a big loss is/may be.
Well, any trade you make has risks, of course. IMV, potential risk here could be outsized. Personally, I'm mostly a stock index futures and ETF player... but plays I make here (if any) will be in long options... risk is controlled to "loss of premium", max.
these post are so fucking funny really - i had no idea a movie i watched decades ago would become true. https://www.imdb.com/title/tt0387808/
Only members from eliteinvestor.com are having sleepless nights. Members from elietetrader.com are looking forward to even more trading opportunities. The only problem is that when the trading volume is extremely high, there will be mega traffic jams; the charting software and trading platform will freeze. The record freeze duration was 0.5 hour for charting software and a few minutes for the trading platform.
huh? It should be : Uncertainty is always welcome. It means there will be trading opportunities. Therefore take the necessary calculated risk. It is only if you take a risk then there will be a reward. eazy peazy
Exactly, I would think traders esp Elite traders should welcome the opportunity potential volatility presents.