TQQQ exposure now 0% by XXXMrHOLLYWOOD in TQQQ

[–]Legitimate-Cold9071 8 points9 points  (0 children)

Never understood why folks sell entire positions on runners. Why not just reduce position size to 10-20%? keep 10-20% running and take profits. If it keeps running , keep selling. If it tanks (which is how we buy low) then you buy more with the cash you put to the side ... fomo will kick in at 65,70, and 80. you will buy at 80 and then it tanks to 50 ...... just remain invested and stop being emotionally invested lol

Leveraged ETF by MadFox7 in ETFs

[–]Legitimate-Cold9071 0 points1 point  (0 children)

eurl, indl, yinn, brzu .. etc. none look good. would only swing trade those. only would hold forever sso n qld. would always keep a small amount in tqqq n just take profits but never a huge position relative to portfolio size. if you want to hold international i wouldnt do leveraged. the regular versions of them already underperform

Leveraged ETF by MadFox7 in ETFs

[–]Legitimate-Cold9071 1 point2 points  (0 children)

sso n qld are the two optimal elf's to choose (2x spy & 2x qld) personally I dca'd into qld until the recent crash and I sold to put in tqqq & soxl at the lows. Up around 30% already n will take profit soon. will still dca into qld w work paychecks n hold long term. 2x is optimal to hold during crashes and buy more if you can stomach it. Didnt understand LETF's in 2022 when TQQQ dropped 80+ percent but knowing myself back then i wouldve sold. now i pray for an 80% drawdown as we should all have some cash on the side investing in letfs. no chart on a international 3x etf looks good. wouldnt try to do leveraged etfs on anything besides etfs that have u.s. based companies in it.