Out of Inverse ETFs, Shifting to Neutral Position

There’s nothing worse than being short like a fucking idiot when the market turns and bottoms. I’ve endured this humiliation before and it always begins with days like this — piss poor rallies that look like they’ll fade. Fuckers in bear costumes pile back in, hoping for the kill, only to be unceremoniously EXECUTED later on in the day.

I sold all of my inverse ETFs, and my upside bond ETF, because I am done betting on the downside. Yeah, I know, markets can still truck lower. But we’re already down huge and this open might be a prelude of things to come, a fucking strong as shit rally attempting to bust loose and cave in your faces for betting against it.

It’s hard to make money as a trader. Don’t let anyone lie to you or say otherwise. Feel free to hit them hard in the face. But this shit is an easy decision. Booked gains in the inverses, more than 12% in DRIP. Fine by me.

Now I’m in cash, 95% cash, waiting for the next move.