I’m expecting a decline in the stock market. Long positions are relevant only in the commodity sector — no stock longs!
At the moment, I’m not entering any positions. I’m watching the market, monitoring major players (who, by the way, are closing their positions and moving into cash), and keeping an eye on the news flow.
I believe that later this year or early next year, an opportunity to open a short position will appear. For now, I’m just observing. There have already been a few attempts to enter the market, but stop-losses got triggered. Thanks to stop-losses for existing — they prevent blowing up the account.
Right now, there’s no rush. It’s all about waiting for the right trade. Meanwhile, I’m staying long in metals.
At the moment, I’m not entering any positions. I’m watching the market, monitoring major players (who, by the way, are closing their positions and moving into cash), and keeping an eye on the news flow.
I believe that later this year or early next year, an opportunity to open a short position will appear. For now, I’m just observing. There have already been a few attempts to enter the market, but stop-losses got triggered. Thanks to stop-losses for existing — they prevent blowing up the account.
Right now, there’s no rush. It’s all about waiting for the right trade. Meanwhile, I’m staying long in metals.
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