of stock market psychology
Wow. Must be planning to hold for a while, right? Are you using SOPIX instead of QID because there's less decay with the mutual fund?
pima, I'll be using SOPIX as a core through July and trade ETFs. Tomorrow I'll buy the short S&P fund. There is zero decay over any time frame, no load, no commission, and no early redemption fee. Their management fee is the same as the ETF. This is not your typical fund.
pima, SOPIX is the 1-for-1 short NDX short fund. I will get into USPIX the double short Tuesday as well as UCPIX the double short Russell 300 fund. Compared to other double-short funds and ETFs, slippage is minimal but depends on volatility.
Thanks, Steve. I like it. I may have to start building a position in SOPIX as well, and possibly the double shorts.