>>(1) I have a huge buffer against market retractions,
What buffer?
I've heard casino gamblers say, after winning a few hands, that they are "playing with the house's money."
It's not the house's money. It's their money and if they lose it, they lose as much money as someone who just walked in the door and lost the same amount.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.