As expected, I am falling a bit faster than market indices, although I'm still ahead: +8.4% vs S&P500, +17.76% vs. FTSE100 and +12.52% vs. Hang Seng Index. Many of my stocks have a higher beta than the market, thus they go down faster. But my stop losses are in place, so I'm not really afraid of a prolonged correction. The only thing hurting my strategy would be a series of whipsaws, that is the market would go up and down 10-20% several times per year. I am very confident in my strategy in the long-term, a big market drop would actually help me outperform even more, as I would be mostly in cash (I go long stocks only when they start reaching new highs, the best ones usually do that precisely at the time the markets bottom). So when everything is going down, there is not much to do for me, I just sit patiently and wait for the next winners to show themselves. I will be doing some adjustments to my US portfolio today, selling at least one stock.
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