<prompt> Human: Hey everyone,So this is my first post on this subreddit, but Im in a sticky situation so Im looking for advice. So I bought PROSHARES TR ULTRASHT 2X SP500 SDS about a month ago at 23.09, thinking the GreecePortugalEuro situation would hurt the US economy this is before I really started doing research in to stocks. So now Im stuck with SDS which is 34 down. Ive been doing my research and Ive found some opportunities that will make stable long term returns i.e. BAC, but Im not sure whether I should wait to sell the SDS shares so that I dont take such a hit or if I should just sell it now so that I have capital to reinvest. Thanks guys! and gals---forgot to mention, ive already saved up an emergency fund. Im a mid-20s student. This investment is part of my Roth IRA that ive maxed out.  <response>: Oh man ... leveraged shorts will bleed you dry. Youre grasping at straws and speculating based on front-page news. I think you need to read the Bogleheads Guide to Investing, AFTER selling whatever ultra-triple-short-long-blended-leveraged-this-and-thats you have. 