$Direxion FTSE China Bear 3X(YANG.US) dipped slightly, $XI2CSOPSMSN(07347.HK) fell nearly 6 points. Both inverse tools weakened together; those using them for hedging face double slippage: wrong direction plus the daily rebalancing drag of leveraged ETFs. Continue holding for a pullback, or cut losses and switch to spot positions to reduce exposure? My view is don't hold inverse ETFs just to wait out time; their cost structure doesn't support long-term holds 😪
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