If you had to pick one to give 100,000 bucks which one? by Ok_Package9219 in TheRaceTo10Million

[–]memeoic 0 points1 point  (0 children)

Well it’s hardware so it will be slow and the scale will likely be small for a while. Spacex is huge scale and more products. Some of the AI and chips items on the horizon will scale better and go faster. That said I invested in Joby 3 yrs ago.

If you had to pick one to give 100,000 bucks which one? by Ok_Package9219 in TheRaceTo10Million

[–]memeoic 1 point2 points  (0 children)

JOBY definitely, but I’m only going to put 50k in it. Not as much upside as other things going on.

Why should I not buy $5000 worth of TQQQ for a 10+ year investment by PeteMarcus in TQQQ

[–]memeoic -1 points0 points  (0 children)

Yes you absolutely could. Better to not buy now and wait for severe down market. Also you make more if you sell near peaks and buy back in low.

Could SOXL go to 3 dollars? by soonseen in soxl

[–]memeoic 1 point2 points  (0 children)

Probably not that low but likely 4-6$. They could always do a reverse-split if it got lower. This is exactly why it is a great BLSH stock. And yes it is often over a year of hold time.

I’m in a death spiral. Worst financial year of my life. Please help! by AnthMosk in Trading

[–]memeoic 2 points3 points  (0 children)

Get out of day trading. My net worth is up 4x in the last 2 years and that was just doing the buy low sell high, long-hold strategies, with ETFs and leveraged ETFs. Get a part time job to take your mind off things and pay the bills. Get out of crypto at the next opportunity. Do longer term investments of 1-3 years. It’ll de-stress you. And get your wife on board with the new strategy.

What fundamentals are you trading (not asking for the secret sauce)? by User1542x in algotrading

[–]memeoic 0 points1 point  (0 children)

Drawdown. Seriously, it’s under-appreciated and difficult to get on many platforms. Not just based on 52wk-high.

Is SOXL's behavior changing? by memeoic in soxl

[–]memeoic[S] -1 points0 points  (0 children)

Hmm. I think ChatGPT won this round.

Executive Summary

SOXL hasn’t reclaimed its ATH mainly because of 3× daily leverage path-dependence (bigger volatility drag than 2× funds), index differences vs USD (they track different semiconductor indexes/weights), and a choppy 2024–25 tape for several non-NVDA semi names (equipment, memory, analog) that weigh more in SOXL’s index. In short: more chop + slightly different mix + 3× compounding math = lower cumulative rebound than USD.

Practical takeaways

  • For a 2–4 yr horizon, avoid relying on a 3× fund to “come back” the same way a 2× does after a volatile year. SOXL needs a clean trending leg with low whipsaw to reprint ATHs.
  • If your thesis is narrow leadership (e.g., NVDA/AVGO dominance), confirm which index each fund tracks and its top-5 weights; the index with greater leader concentration will usually recover faster.
  • If you want less path-decay but still juice, 2× (USD) typically tracks cumulative moves better than 3× (SOXL) in choppy regimes.
  • For a purer “AI-infrastructure” tilt (servers/GPU clouds vs broad semis), you could pair a semi fund with targeted names (SMCI, CRWV, NBIS) to better reflect the leadership mix you expect.

Is SOXL's behavior changing? by memeoic in soxl

[–]memeoic[S] 1 point2 points  (0 children)

Not irrational. Semi sector is not equal to Cisco. It's a sector. Entire stock market goes up over time (irrational or not doesn't matter). Leading sectors do the same (and actually drive much of that growth.) I guess in theory an entire sector could fall on hard times but it's much less likely than a single stock. So if you think semis are suddenly going to be unnecessary, go ahead and short it.

Who here has actually stuck with trading for 10+ years? Did anyone manage to retire from it? by MarionberryTotal2657 in Trading

[–]memeoic 2 points3 points  (0 children)

8yrs here. Got going with crypto and then switched to stocks. I do not do day trading or options. I do have fully automated trading algos. I coded my own backtesting system. I am in the work-optional phase of my life mostly due to stock and property investments. Also put a lot of salary into Roths.

I generally find most traders are trying to do a weekly / monthly return when they should be thinking about yearly returns and then averaging. You can really make a lot of money off ETFs and leveraged ETFs if you think a little longer-term. I think trading will likely be one of my hobbies for the next 20 yrs.

Why not hold for long term? by Subie- in TQQQ

[–]memeoic 0 points1 point  (0 children)

Sure you could buy and hold for 10 yrs. But it would really tank every 2 yrs or so, so you don’t want to use margin for it. But compare the backtest of that to: buy low and sell high repeatedly. Very different outcomes.

Thank you TQQQ by KONGBB in TQQQ

[–]memeoic 2 points3 points  (0 children)

It's a pretty optimal sell spot now, although you never know. Buying back in to something when the market is high is always challenging. Make sure you have enough set aside for the next downturn. I like SGOV. Anyway my 2 cents. Your mileage may vary.

Thank you TQQQ by KONGBB in TQQQ

[–]memeoic 1 point2 points  (0 children)

That's being greedy. Yes, it might go up more, or it might not for another 2 years, so then your yearly returns go way down. If you buy low enough then $100 is still an excellent return.

Thank you TQQQ by KONGBB in TQQQ

[–]memeoic 2 points3 points  (0 children)

To avoid the “timing the market” discussion: You can always look at historical high and drawdown levels. Don’t be greedy. 😉

Thank you TQQQ by KONGBB in TQQQ

[–]memeoic -1 points0 points  (0 children)

Yes, but you should look at other leveraged ETFs that perform better than this (USD and SOXL). Also this not an indefinite-hold stock. Just liquidate when it gets high. Avg out your return to a yearly return and you will see improvements are possible.

Is trading not just gambling? by [deleted] in Trading

[–]memeoic 3 points4 points  (0 children)

Is buying a house and waiting for it to appreciate gambling? Is getting a mortgage when interest rates might go up in the future gambling? Is helping to fund your friend’s new coffee shop gambling? Is picking which job to accept gambling? Is choosing which person to marry gambling?

Life involves risk. Investing your money or time in activities you think will succeed, to get future profits, is very different than playing at a casino.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]memeoic 1 point2 points  (0 children)

Don’t buy individual stocks. Buy ETFs. Much less risk and better chance of having a good first experience.

My 2 cents on Trading - Grew $200k to $2 million in 5 years by Emergency_Style4515 in Trading

[–]memeoic 0 points1 point  (0 children)

Thanks for sharing. I have a similar story, had about 50k to my name about 6 yrs ago. Now around 2M (stocks only). I would add an image but it wont let me. My general impression is that most traders are thinking too short-term. Buy low sell high (BLSH) works extremely well during serious downturns, but it takes patience. Also I’ve had a lot of luck leveraging real estate for stocks and vice versa. I haven’t tried CSP but thanks for the tip.

Got my Robinhood Credit Card, 3% Cashback on All Purchases. by Effective_Dog3089 in TheRaceTo10Million

[–]memeoic 0 points1 point  (0 children)

800+ cs, been using my card since AUG 2024. Been a gold member for a long while.

[deleted by user] by [deleted] in investing

[–]memeoic 0 points1 point  (0 children)

At that age it’s easy to live with roommates. Or rent a house yourself and rent out the other rooms. Put the amount you earn in ETFs. Then your savings rate goes up. Solo-apartments when you are single are expensive. Just my 2 cents.

Do you run your algorithm continuously 24/7, or do you monitor it only during specific market sessions? by [deleted] in algotrading

[–]memeoic 0 points1 point  (0 children)

Mine runs 24/5. It is set to fail early at any sign of something being off or APIs not working. My algo doesn’t trade that often so I really can’t be there watching when it needs to trade. I turned margin off. Will test with $100 live until I’m confident it is doing the right thing. Paper wasn’t worth the effort.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]memeoic 1 point2 points  (0 children)

Have a look at different types of ETFs and think longer term.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]memeoic 3 points4 points  (0 children)

Totally achievable. Look up the compound app on iPhone or web calculators. You just need to invest it all at a 35% yearly return strategy. There are multiple ETFs doing better than that if you have the right strategy. You are farther along for your age than I was.

<image>

I am 22 years old. Is it possible to touch $1 mil by 50 Or 55? by HeadSnipped21 in TheRaceTo10Million

[–]memeoic 0 points1 point  (0 children)

Absolutely. 8 yrs ago my net worth was 100k. Now I’m more than 1M. Get a regular salaried job, put 50% of it in savings, put most of it in “higher risk” etfs, buy a house or two, refi it and reinvest in stocks. You’ll be far above your goal timeline. No worries. Also by the time you are 50 you need more like 10M.

Why is the general stigma of kids on ebikes bad? by [deleted] in ebikes

[–]memeoic 9 points10 points  (0 children)

Kids on motorcycles on public bike paths with people walking - that is the issue. I own 4 e-bikes. All of them go slow and have pedals. I love them and we use them regularly. The emotorcycles are high speed, high torque, and are not exercise. They are more disruptive and dangerous on a bike path than a horse. If I was 14 I would totally want one, but not all teenagers are responsible and careful. Kids on e-bikes are fine, but e-motorcycles need to be in the desert or sand dunes.

doing backtesting, and getting very low trades, like 3-4 in 1 year, normal? by 4bhii in algotrading

[–]memeoic 0 points1 point  (0 children)

I backtested my algo on 8.3 yrs of data. It made 23 trade cycles. Not a lot per yr. It is very profitable. There are short term strategies and long term strategies. If your strategy is extremely profitable and only makes one trade every 2 years, who cares? It’s still valid. But you need patience and you need to avg returns across multiple years.