this post was submitted on 09 Apr 2025
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[–] foggy@lemmy.world 1 points 2 weeks ago (1 children)

I sorta was this was, but COVID wrecked my gains because I failed to exit. This time I swore to myself I wouldn't let it happen again.

[–] brucethemoose@lemmy.world 1 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

IDK what you mean, I held through COVID and it's been way up since then. Even if you bought the S&P 500 at the peak of February, right before it hit, you would have been back in the green within a year.

It appears that gravity has already taken over and softened this impact, too:

https://www.axios.com/2025/04/09/trump-tariffs-pause-china-stocks-recession

[–] foggy@lemmy.world 2 points 2 weeks ago* (last edited 2 weeks ago)

Again, I never said I've done poorly since COVID.

I've just managed to turn the current instability into profits. Ive done better this month, as I have set aggressive positions against the market in preparation.

When I mentioned COVID, I was mentioning, you know, the biggest drop in the market since the current one.