Election Day means sitting tight for some young stock traders - News Summed Up

Election Day means sitting tight for some young stock traders


In the HaiKhuu Trading community, hosted on Discord, a messaging platform that allows users to communicate on servers with others who share their interests, individual investors on Tuesday chatted about their investment strategies. Mr. Tran says he has strategies laid out for a Democrat or Republican victory, as well as one for a contested result. If Mr. Biden emerges victorious, Mr. Tran said he anticipates the U.S. stock market may fall, in which case he plans to purchase stocks “at a price that I’m happy with." If President Trump wins, Mr. Tran said he would likely amp up his day trading in anticipation that stocks will climb higher. “Someone is going to make a lot of money or lose a lot of money," Mr. Tran said.


Source: Mint November 04, 2020 04:07 UTC



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