George Soros Bets $2Billion + on Stock Market Crash
Soros made a fortune by shorting the British pound. Now Soros is betting that the stock market will crash. Soros posted his recent 13-F filing indicating that the Soros Fund Management has increased its “puts” on the Standard & Poor 500 exchange-traded fund by a massive amount $299 million to $2.2 billion over the last 2 quarters.
I would definitely suggest that you trade your own trading plan and simply follow Soros. Any trade is 50/50 regardless if you are George Soros.
I had been short and closed my position last week and reversed and went long QLD QQQ. However I look at the market on a daily basis and do not get stuck in my position. I let the market tell me the direction in which to trade. All of this can change very easily. I have a complete plan which keeps me on the correct side of the market. I can never avoid losses however attempt to keep them small ( unless gaps which I can not control).
If you would like to learn this methodology I offer one on one private mentoring by the hour. Just email me