Went Long on the S&P 500

Finally my system got beaten enough on the short side to realize that this is a losing proposition at this point of time. I flipped my position on the SPY from short to long at today’s close. This has been one of the worst experiences (more than a year of trading now) with this system – a relentless push in the opposite (long) direction. Markets always have something new in store for everyone – they tend to teach humility to everyone who has been around for a while.

Comments

  1. jon says:

    I wish I didn’t short with you…

    1. ivannp says:

      You mean this single time I guess – a very significant sample to base your decisions on! I only share honestly what I do.

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