GXO - The Doomsday Trade Only Pays Off Once And Winning It Won't Matter Here's What I'm Doing
- Traders when confronting news that threatens our very existence are tempted to sell. A disciplined trader should consider buying instead. Global destruction happens only once.
- All the fearful news regarding Russia bombarding a nuclear power plant overshadowed some very positive economic news for the US.
- February is showing accelerating employment growth. More importantly, the worker participation rate is actually growing again.
- I am trying to rein in my habit of taking on new trading ideas. Right now it is prudent to stick with stocks you know well. Provided, of course, that you have been following the price action and know when your stock is at a good price.
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The Doomsday Trade Only Pays Off Once And Winning It Won't Matter, Here's What I'm Doing