I dunno. I complained that i wasnt neutral enough, so I doubled my short position in the market index. Fortunately in the afternoon, so wasn’t really hurt by much more than slippage and commissions. I think if the market doesn’t rally at least a little on 75bps of Fed juice we’re in total freefall. But I have a fear that people will decide that 75 isnt enough, and then the floor comes out.
I agree bchad. But I am nervous of a 50 bps cut next week…
I doubled down…hehe I love it when people panic…if market crashes again I will triple down, eventually my average cost will be low enough to take some profits out LOL…go big or go home is what I say…
But you musta been sweating bricks at lunchtime…
^Yes offcourse but I figured if it goes down substantially I will Tripple down…
To play the martingale game, though, you’d need to quadruple down if your double down didn’t work.