Mostly Foggy Recollection said:
I got away from my comfort zone last week and went below 50% cash, but I justified it based on technicals and this market being on meth. It paid off, but it was stupid IMO.
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If you don't mind me asking, are you typically in 50%+ cash? What is your thoughts behind that strategy?
Based on some of you posts I assume you are working with a pretty good chunk. Are you being extra conservative to protect the fruits of your labor in the event of a massive crash ala February/March 2020?
I know many on here have different approaches on how much cash they have on the sidelines. I myself rarely have much cash on the sidelines, and am concerned that is not the best approach.