It’s been pretty impossible to actively trade small caps in this market, so I’ve been moving to a different approach for the current “fear market”.
Since last Friday, I’ve been buying into FTSE companies (avoiding the Oil stocks) to position myself for an improving market. I’ve been buying on spreadbets and also now some in my ISAs. I have £25K exposure at the moment (in addition to my long-term hold account) and I'm happy to add if things turn down again before they go back up.
When we had the big sell-off last April, I bought Index call options but, as the premiums are so high in volatile times, I’ve gone for shares this time instead.
Hold and ride it out, that’s the plan.