Re: FXI - China and market collapse
I am loving FXI at the moment. What's not to love about a 33% gain over the last month.
OP, in my opinion you have a few choices on how to ease your anxiety about this.
1) The unsexy way... unload a part of your position now and take the profits. No shame in taking money off the table and putting to use in another area. Cut down your position by 25% or so to ease the worries a bit.
2) A stop or a trailing stop is a must for this ETF. With FXI being so crazy set a point that gives it room to move but also won't crush you if it crashes.
3) Ever try options? You might want to consider looking into some longer timeframed puts just to hedge your bet a little. Take a look at what is out there for the next few months as well as the Olympics(when are those anyway?)
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