I’m down 8% on my leveraged short positions but my long stocks (resources sector) have been pumping to the moon 40% up just in the last few weeks on average. Buying more BBUS and SQQQ every week and gradually increasing my position.
Stop losses in place on everything but the shorts, can afford pain on these down to 25-30% if need be. But for that to happen the S&P / Nasdaq need to go up approx 10% from here, just can’t see how that would be even possible short term? Especially after this crazy bear market run in April. Even if they did, then what? Another 10? Doubt it..
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I’m down 8% on my leveraged short positions but my long stocks...
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