I think Biden may have mentioned something about sending troops to the Ukraine. I hope I’m wrong. How do you guys trade with the threat of war where the market can drop in seconds ? Scalping is the best way in my opinion.
Members of Congress bought shares of stock in oil companies way before Russia invaded Ukraine. They get security briefings. Any news of value is stale and useless by the time you get it. So, what to do? Look at the stockcharts. Everything you need to know is already baked into the stockcharts. That includes, trades of the smart money. Follow the trend. This is not rocket science but, plain common sense.
%% I think you mean with the threat of big time US involvement?? That war has been waged for weeks........................................................................................... 1]Proved it \Like Art Cashin says ''panic sellers never win'' 2]Planned sellers may win. 3] Study trends>> much more than listen to ''talking snake media'' 4]Study trends a lot.................................................................... 5] Study countertrends some \ study trends more. 6-7.77] Position size reasonable \not supposed to be trading with money one cant afford to lose. 8] Paul Tudor jones said ''by the grace of God, i was in the right place @ the right time'' Even if we are not Paul Tudor Jones /LOL; he also got interested in trading with a study of Rich [trender] Dennis IBD Newspaper Helps.[Edit/ good question]
My advice is not to worry about WW3, and look to buy if the market drops on "WW3 fears", because if it happens then trading losses will be the least of your problems.
He accidentally said when speaking of what is going in Ukraine: "you will see when you are there" and quickly corrected himself.
Good stuff and true. Surprises typically happen in direction of existing trend. Heck - look at a weekly chart of stock market on 9/10/2001.
Easy, try trading crypto for a while. After your first couple 50%-70% drawdowns or so (thanks Elon Tweets!), you start to get hardened up pretty quick. Equities are a breeze after that, even the crash of '87 looks like a walk in the park after. 7-standard deviation moves? Phfffft. Nothing to it!