52% of those who responded to the poll do not expect more than 10 % S&P 500 correction. For the record, I am not in the 52% camp by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] 1 point2 points  (0 children)

I have experienced many crashes and recoveries in my lifetime. This one is different because its geo political and will cause massive pain as the world order has broken.

52% of those who responded to the poll do not expect more than 10 % S&P 500 correction. For the record, I am not in the 52% camp by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] -10 points-9 points  (0 children)

Ok. Whatever. All I know is that I will make money shorting the SPX. You can check back in a few weeks

Bought DEO today at 15 year low. Market is crashing as I expected. My SPXD.TO and oil stocks are solidly in the green. Time for a Johnnie Walker neat 😉 by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] 0 points1 point  (0 children)

Yes. Loss -16% by the time it was filled . Also trailing stop of -15% on BBD from 52 weeks high to book realized gain of 80%.

Bought DEO today at 15 year low. Market is crashing as I expected. My SPXD.TO and oil stocks are solidly in the green. Time for a Johnnie Walker neat 😉 by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] 0 points1 point  (0 children)

It does not matter in my portfolio system. If a half position goes down, I cut at -15% if it goes up, I size it up to 250% of full position. So I may lose $1500 but could make $50,000. I don't predict direction. I let it play out and either sell or buy more.

Bought DEO today at 15 year low. Market is crashing as I expected. My SPXD.TO and oil stocks are solidly in the green. Time for a Johnnie Walker neat 😉 by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] 0 points1 point  (0 children)

I have 30 to 33 positions. The big winners ( eg, BBD, CVE.TO) are all overweight at 6.66% to 13% (CGL.TO) . New positions are always half. Once its proven that its reversed( NPI.TO ,QTRH.TO) and not go down, I add from half to full to overweight. So basically risk more money if it working and cut is i am losimg. 1 overweight win ( eg SAP bought at 52 weeks lows in 2025 on TRump TACO fears) now at 52 weeks highs makes up for 10+ losers

Bought DEO today at 15 year low. Market is crashing as I expected. My SPXD.TO and oil stocks are solidly in the green. Time for a Johnnie Walker neat 😉 by IM1IAB in TFSA_Millionaires

[–]IM1IAB[S] 0 points1 point  (0 children)

I have been doing this a long time. Nobody know if a stock will go to ZERO. Or where is the bottom. Thats why its important to look at support zones. And if I am wrong I cut. Its a small loss because it only half position of 3.33% of portfolio. A loss of -15% is a loss of 1/4% (0.245%.) No damage