I often cannot decide if XYZ stock is a long or short. What is the best way to know?

If it is not clear whether you should be long or short, it typically means that you should avoid trading the stock until the message becomes clear. There are thousands of liquid individual equities and ETFs to trade.  If you have a favorite stock to trade that is fine, but don’t forget that cash is the best position during uncertain times.  This allows you to objectively observe the action and have capital ready to deploy when the lower risk trade is revealed by the market.

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