Tug life
I stay fly like a guillemot
I currently don't hold more than 4 positions partly because I've been waiting a major sell off to occur. Now is the time I'll buy more of my long term shares for cheap, stockpile cash, and wait to buy companies I've been looking at on my watchlist that have previously been at prices to high.
I'll hedge against the bear market with TVIX, if recession fears keep up TVIX will hit $80 in a couple of months and $100+ by December, but that's only if we keep selling off and enter a bear market. I'll then sell tvix and use profits to build my portfolio and ride the market back up. Wash rinse repeat. I know I can't time the market but I know I found a strategy that works for me to maximize my profits.
I'll hedge against the bear market with TVIX, if recession fears keep up TVIX will hit $80 in a couple of months and $100+ by December, but that's only if we keep selling off and enter a bear market. I'll then sell tvix and use profits to build my portfolio and ride the market back up. Wash rinse repeat. I know I can't time the market but I know I found a strategy that works for me to maximize my profits.