@TheShortSniper Not that unpredictable. PR is retarded but itโs the two in-play themes space + quantum and had a 1% borrow fee all morning. One of the first top gappers weโve seen with that cheap of a borrow in a minute
@SmallCapSmarts Not at all about the borrows. It was a quantum name change the day of a potential new leading sector off Trumps quantum investment. This is the downfall to systematic traders, they donโt account for the bigger picture themes majority of the time
@SmallCapSmarts focus on LC. you have the capital and skillset. SC served to fund our next career leg, not to stay in it. The writing has been on the wall for SC since last year imo, donโt let another year pass without progressing to bigger things.
Time is the only hedge against volatility, the longer the hold time for SPY the more the standard deviation of avg returns contracts. I agree with you, especially with the accessibility today, more than ever the market will prey on the emotions on retail to sell. However, if the hold time is 30+ years I still firmly believe flat DCA buys each month, paired with exponentially increasing size as the market goes lower in basic index funds, is the easiest way to build wealth compared to any other financial instrument.