Post #47: End of May 2018 numbers

This is a bitter pill to swallow, but I have to accept that this kind of market is not really my forte. I'm down -10% YTD and in my opinion is experiencing a really bad drawdown. I'm focusing all my efforts now on risk management and keeping may capital safe.

With PSEi ranging between 7600 - 7800, I'm still very wary of putting a big chunk of my portfolio in positions. My risk management involves smaller sizing, smaller risk tolerance and tighter stops. I am hoping to see a clearer market trend when the index gets out of this 7600-7800 range, hopefully with an upward bias. Otherwise, for me it is either play tight defense or get out of the marekt entirely.