I’ve probably lost 10% over the past 3 months in these FUCKING 3x ETFs. They are a disease, a malefactor upon the financial community.
My loss was 8% on a 5% position. In the big scheme of things, not a big deal. But these fucking losses add up. The past few days have been one small nick after the next — and I’m sick and God damned tired of this drawdown.
Now the right trade to do, given the present condition, is to SHORT STOCKS.
But do I have the fortitude, the testicular balls, to do it?
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