17-09-2016, 12:12 PM
From Philip.capital
US Elections: Do you have the 'trump' card?
Volatility in the U.S. market is expected to heighten as we approach the U.S. Presidential election. As a trader how can you brace yourself for the volatility?
Attend our exclusive series of U.S. election seminars where we will share with you the potential impact the U.S. election will have on major U.S indices.
Whether you’re a season trader familiar with trading U.S. shares or a trader looking to dip your toes in the U.S. market we have something for you.
To find out more, click here!
Not familar with how the U.S. election 2016 works? Check out our short snippets below!
U.S. election 2016 – how does it REALLY work?
Since February, a series of primary elections were held in every state and overseas territory to determine each party's official presidential candidate. The winner of each party collects a number of "delegates" - party members with the power to vote for that candidate at the party conventions held in July, where candidates are formally confirmed.
Till this point, the campaign election has not actually started!
All the nominated candidates have been travelling across the country to make their case. Finally, votes will be cast on 8 November and the candidate with the most votes in each state becomes the candidate whom that state supports for president.
It's all down to a system called the Electoral College, a group of people who choose the winner - 538 of them. In fact, to be made president, the candidate needs to win the majority of votes (270).
Note: not all states are equal - California, for example, has more than 10 times the population of Connecticut, so they don't get an equal say. Additionally, in almost every state (except Nebraska and Maine), the winner takes all - so the person who wins the most electors in New York, for example, will get all 29 of New York's electoral votes. As such, in the race to get to the magic number of 270 votes, it's the swing states that often matter most which include Florida, Ohio, Virginia, Colorado, North Carolina and Nevada.
If the vote is decisive, the victor will assemble a cabinet and begin crafting a more thorough policy agenda. Under the U.S. constitution, the new president is inaugurated on 20th January of the year following the election.
US Elections: Do you have the 'trump' card?
Volatility in the U.S. market is expected to heighten as we approach the U.S. Presidential election. As a trader how can you brace yourself for the volatility?
Attend our exclusive series of U.S. election seminars where we will share with you the potential impact the U.S. election will have on major U.S indices.
Whether you’re a season trader familiar with trading U.S. shares or a trader looking to dip your toes in the U.S. market we have something for you.
To find out more, click here!
Not familar with how the U.S. election 2016 works? Check out our short snippets below!
U.S. election 2016 – how does it REALLY work?
Since February, a series of primary elections were held in every state and overseas territory to determine each party's official presidential candidate. The winner of each party collects a number of "delegates" - party members with the power to vote for that candidate at the party conventions held in July, where candidates are formally confirmed.
Till this point, the campaign election has not actually started!
All the nominated candidates have been travelling across the country to make their case. Finally, votes will be cast on 8 November and the candidate with the most votes in each state becomes the candidate whom that state supports for president.
It's all down to a system called the Electoral College, a group of people who choose the winner - 538 of them. In fact, to be made president, the candidate needs to win the majority of votes (270).
Note: not all states are equal - California, for example, has more than 10 times the population of Connecticut, so they don't get an equal say. Additionally, in almost every state (except Nebraska and Maine), the winner takes all - so the person who wins the most electors in New York, for example, will get all 29 of New York's electoral votes. As such, in the race to get to the magic number of 270 votes, it's the swing states that often matter most which include Florida, Ohio, Virginia, Colorado, North Carolina and Nevada.
If the vote is decisive, the victor will assemble a cabinet and begin crafting a more thorough policy agenda. Under the U.S. constitution, the new president is inaugurated on 20th January of the year following the election.
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!