Hunker down mode22 Feb 2022 09:05
These days is hunker down mode. Lost 15% of my PF yesterday on SNG. Heavily in AVCT and KIST (50%), all whilst being slightly leveraged. Today is an exercise in keeping the head cool, which is not straightforward. AVACTA today is priced to fail. I believe the Precision will not, hence I stay in. KIST is the cash-cow share that needs to balance out and buffer for any AVACTA failure.
I decided to diversify a while ago (hence adding some SNG, KIST), but in truth, some luck is always required, even if you balance risk. The issue is that in the last 5 months, luck has been lacking severely which is frustrating. Way forward: Keep the head cool, don't sell at the bottom (like I did back with RRE when corona popped up) and ride this out. Good luck!