Positioning

Came into week 120% long via:

1 QQQ (12/7)
2 INDA (3/3 & 3/28)
2 EEM (3/13 & 4/3)
2 SPY (4/17)
2 IWM (4/20)
1 KWEB (4/20)
2 SPY (4/24)

The 4/20 & 4/24 buys were very much right idea, but other vehicles would have produced a much better return. Analysis here and here. 

Adjustments
5/8: None
5/9: Sell 2 IWM, 2 SPY short hedges, 1 QQQ short hedge to reduce to 70% net long
5/10: None
5/11: Cover 1 SPY, 80% net long
5/12: None

Currently 10 longs, 2 short hedges for 80%. 

Positioning information
1 position represents 10% of capital.
Limits: 15 or 150% long, -50% shorts, hedges or safe havens, 200% max total exposure.
Currency & commodity positions are not included in this system.