How to gamble

[ironchef]

What is this tqqq?

3 X QQQ index. A leverage index: For every $1 gains in QQQ, it gains $3. Of course the reverse is also true.

 

[met1989]

i think I'm starting to be a short trader much better

 

[ironchef]

i think I'm starting to be a short trader much better

Then buy SQQQ. 3 X short QQQ.

 

[tommcginnis]

If I wanted to gamble, I'd look for companies that were in trouble pre-COVID, are heavily exposed to COVID, and have lots of debt, then go short with all you've got. Boeing might fit the bill, especially with talk about nationalizing the company.

You're going to be against Boeing? Yeahhhhhhh, that'll go well.

 

[zoned_post_meridiem]

You're going to be against Boeing? Yeahhhhhhh, that'll go well.

Well, no, I'm not, because I don't gamble on stocks. But if I wanted to go for a low-probability, high-payout gamble, that one may be it.