Short the Stock Market at your Own Risk!

in #investing7 years ago (edited)

I thought today, I was a genius. I did my research. I was patient. I waited for trends to confirm. The charts had all the right signals. It was time to buy!

Moments after buying, my investment takes a dive. Crypto-style. In 15 years investing in stock market, I've never been stopped out with a stop limit loss in the same day, let alone same week. But boy did I time this one perfectly!

Back to the drawing board, I reckon!

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I bought some options on triple leverage short trackers like sqqq and spxs. Give yourself till march, I think and hope you won't regret it!

Thanks for those words. I haven't given up, but I'm definitely going to watch and make another entry attempt. I just have the wind sucked out of me. I'm only grateful I only tried this with 1% of my cash balance instead of all-in.

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