I am not betting on who will win in the election but still need to prepare a few things:
1) I am mentally prepared for a wild ride in volatility in certain stocks. If Trump (in short T) wins, the stocks related to him will rally (e.g. DJT). On the other hand, if Harris (in short H) becomes the next President, stocks that benefit from her policy will rocket (e.g.FSLR).
2) There are many who will post or share info about a stock. It is important to DYODD by having a balanced view (read both the positive and negative sides) and learn to avoid negatively biased comments that fuse FUD. Stay calm and don't overreact like panic sell (fear) or FOMO buy (greed).
3) It is a golden opportunity for swing traders and short sellers. However I am not doing either especially leveraging because the risk is too much for me.
4) I prefer to buy puts/calls because when the contract expires, you will only lose the premium. I buy puts to protect my lower limit and buy calls to profit if the share price soars. But for selling options, make sure you know what you are doing and not blindly follow the mass as the loss can be unlimited.
5) As a retail investor that takes a long position, my portfolio is prepared for short term volatility risk. One way is to buy ETFs like the S&P500 to diversify which may be better than investing in a single stock. The analogy is not to put all eggs in one basket.
Kinni420 : Lol MSTR benefits form both![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)


