Another loss; Sector rotation; becoming less bullish

Another big loss last night, around 50K.

Caused by gold dumping for a 3rd time.

I still think gold is in a correction in a bull market.  Gold is making higher lows, while gold vol is dropping:

Still a bull market till proven otherwise.

The loss isn't really that big actually, at 2.6%.  I'm up 12% YTD.  The only way to handle volatility is to get used to it.  There is no course, training or job that can teach you this. When you ride the bubble up, you get smacked with vicious corrections along the way.  

This time tech and crypto sold off along with gold.  The market is rotating.  Tech (mag7, new AI and old SAAS companies) are out of favour.   Industrials, some cyclicals, and energy are in favour.  I have some short crypto positions, and added some short tech positions on the open last night.  Quite pleased with myself.

Since June last year I've been wildly bullish.  Was often 130% invested.  Now I'm down to 108% (gross) long and 10% short.  Want to continue in this direction.  With so many sectors selling off on the same day - and these are usually unrelated sectors like tech & gold - we may get a correction.  Where VIX goes over the 30s and correlations go to one.