Took over trading of my #401k Sept 1st once the rules changed at American. Now allowed to self manage 95 percent of it with no limit on number of trades. I’ve been using stock only with no options strictly with XIV and BIB playing the swings. Working so far with total account up 14 percent while never using more than one third at any given time.
Yesterday top ticked XIV when I dumped a tranche at 31.50 (smiley face).
Re-building the position now with orders in to buy a small amount every 50 cent drop all the way to the August low of 20. Love scaling in like this since at some point it will turn more than likely before it gets to 20. This will in total be a one third position. If we keep dropping from there I’ll start the second third and trade it. If we eventually get down to the 2011 low of 4 bucks I’ll have a nice cost basis…