For now, all I can do is sit tight. I’m down 10% on paper, and including the profits I gave back earlier, all of September’s gains have been wiped out.
I won’t consider adding to my position for now. I haven’t managed to put what I know into practice. I kept warning about the risks and saying the downturn wasn’t over, but the short positions I opened during that period still haven’t made up the shortfall.
Markets are falling globally, so I’d rather stay mostly in cash.