My last bad year was 2008.
Why?
I really didn't know what I was doing.
I was doing well but not prepared for a 20% drop in a week and a 50% bear market drop.
I learned my lesson since and never got hurt much in any drop since. I'm always prepared now.
Conversation
Do you keep your longs and hedge with going short or just take your longs off and go short?
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