Why sure, we know that. You're an anomoly in terms of resilience to put up with a drop to,... what did you post, like down to 7 or 8K in the naz? I day trade, so that'd kinda throw a wrench in things up in here, lol. Just interested in how that works, that's all. If you don't mind, sometime, Could you hasten things and direct us to the posts where the extremes are demonstrated having to do with the likes of... Have you ever had to bite the bullet and take a loss that you decided not to ride out? How big as a percent did that (those) end up being? Did you exit on fundamentals? on technicals? How did you determine your 'uncle' point? ...or just pass it along here when you fell like it.
Here's the synopsis of when it went to shit... https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/page-10#post-4597910 It was after those few pages in time that I decided on a simple buy/hold/roll strat. It has taken me a couple more years to fix it in my head. My March 2020 fail was the last straw. Follow the new plan or die.
You got some big ol brass klankers, for sure. If Gojirra came to town what's your max $Risk? I wonder how much could it cost basis Friday's close vs. worst case scenario?
If I had to define a worst-case scenario, it would be a 2+ year rolling bear market where every quarter the indices closed lower than the previous quarter. When was the last time that has happened? It is difficult to see that occurring now, but that was the fear I had when I took those terrible losses. I thought, "This is the end". And time and again we have seen that it is not the end.
It ain't over till it's over, lol. What if worse case, multiple limit down days happen? You can withstand a month of that? Reducto ad Absurdum.