Please do not let this election uncertainty throw you into a panic. You are a rational person and know that if you are wrong about who will win and what effect it will have on the stock market that properly placed stop losses can save your assets if you are wrong.Remember the disclosure I put on every Chart of the Day post: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.Look at this chart of Vanguard’s Total Stock Market ETF () 
I own this and I could set my stop loss at the 20, 50, 100 or 200 Daily Moving Average or I could set it at 5%, 10%, 15% or 20% below its Friday afternoon closing price.Each of you have your own personal investment risk tolerance or as I like to call it “ Your Tolerance for PAIN!”Just go set it and forget it and enjoy watching the election. Then, a couple of days after the election, when every one else and the market settles down you will either be pleased that you predicted the market or you were wrong and sitting on a pile of cash and can take advantage of the Dead Cat Bounce that might occur.Either way you were rational and did not panic and can be proud of yourself
On the date of publication, had a position in: . All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy .More By This Author:
Please Do Not Panic
