-$2,921 Loss
TVIXLong Stock

Entry comments: Rebought my market hedge. Hard stop at $105!
Exit comments: I relied on history to project a 'sure thing'- bear markets with recessions like 1929 and 2008 crash and then go lower after a rally. I was expecting at least a pullback on bounce, not new lows, but there was NONE! This was a real V shaped recession recovery- first and fastest in NASDAQ history. Going against the market and FED full size like I did here was a massive disproportional risk. Stop was too wide and I made this a waiting game. But I still believe the statistical odds were on my side.
| Date | Price | |
|---|---|---|
| Entry | 6/10/2020 | 115.09 |
| Exit | 7/2/2020 | 104.84 |
- Total Views224
- Position Size285
- Percentage-8.91%
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They really add up. :(