Both legs of the 200% long position got taken out today at reasonable losses. We did make a little bit of profit in the last trade. I don't know if its really worth playing the market like this. One day we are up by 30%, the next day we are down to 23%. This market is really tricky to play. Then next support is around 800 on sp500. From 830 to 800 is only 3.6%. If you double up with SDS then you are looking at potentially 7%. On the other side is the risk - if the market goes against you, it could easily go to 865 before pulling back - that is about 4.2%. That will risk a loss of 8.4% if you use SDS. Therefore, the risk:reward ratio is 8.4:7, while you should not trade unless you see a risk:reward = 1:2 ratio. For intermediate-term trend traders this is time to be on the side lines.
Both legs of the 200% long position got taken out today at reasonable losses. We did make a little bit of profit in the last trade. I don't know if its really worth playing the market like this. One day we are up by 30%, the next day we are down to 23%. This market is really tricky to play. Then next support is around 800 on sp500. From 830 to 800 is only 3.6%. If you double up with SDS then you are looking at potentially 7%. On the other side is the risk - if the market goes against you, it could easily go to 865 before pulling back - that is about 4.2%. That will risk a loss of 8.4% if you use SDS. Therefore, the risk:reward ratio is 8.4:7, while you should not trade unless you see a risk:reward = 1:2 ratio. For intermediate-term trend traders this is time to be on the side lines. 
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