Sorry to hear that, but you are really working out your mental muscles as shown in your last newsletter "It was tough to watch my portfolio meltaway from being up more than 60% YTD in July to up around 15% YTD at the low point about a week ago. I view that as part of the game when it comes to this type of investing."
For a while I was holding $SQQQ as 40% positions of my fidelity accounts, and was doing ok the last few weeks during market downturn, and then bam, was being slaughtered for like a week (too bad I didn't sell $SQQQ to take any profit off the table because I was too busy with other stuff including twitter lol). So I added a bit more $SQQQ last two days, and of course I'm now still under water (was above water before that for like 2 weeks I'd say).
Sorry to hear that, but you are really working out your mental muscles as shown in your last newsletter "It was tough to watch my portfolio meltaway from being up more than 60% YTD in July to up around 15% YTD at the low point about a week ago. I view that as part of the game when it comes to this type of investing."
For a while I was holding $SQQQ as 40% positions of my fidelity accounts, and was doing ok the last few weeks during market downturn, and then bam, was being slaughtered for like a week (too bad I didn't sell $SQQQ to take any profit off the table because I was too busy with other stuff including twitter lol). So I added a bit more $SQQQ last two days, and of course I'm now still under water (was above water before that for like 2 weeks I'd say).
wow $WORK is being slaughtered!
Yes.. along with my whole portfolio today. 😭 good day to tune out the markets.