Leveraged ETFs as long-term hold...
- Thread starter Overnight
- Start date
fwiw I fully believe inverses will double + within 90 days, most likely sooner. I'm trading TZA UVXY SQQQ etc. I could be wrong, but at current prices they're a bargain.
Today was choppy af as buying slows down. I expect a strong red day this week. Watch
I think you'd need to do some homework on the impact of reverse splits on these bearish triple ETFs...
besides, it's a bull market. I don't think there're a lot of money flown into these types of etfs. there're bounces here and there, but not enough to make up for the decay, fees, interest, reverse splits...
just a suggestion, do whatever floats your boat
, then go with it i guess...
fwiw I fully believe inverses will double + within 90 days, most likely sooner. I'm trading TZA UVXY SQQQ etc. I could be wrong, but at current prices they're a bargain.
Today was choppy af as buying slows down. I expect a strong red day this week. Watch
Of course you do, because you are a perma-bear. Which means you are an asshole. You do not believe in the world economy, and you want to see it go down in flames. You want to see every American's 401K burn into oblivion to satisfy your own ego. You do NOT believe in America, and democracy, so shove that Saxophone up your ass.
Guess what...There are more optimistic people out there than there are pessimistic. So deal with it.
I simply trade to make money. Whether I trade long or short is irrelevant. Calling names and insults is childish. Happy new year.
Welcome to my ignore/blacklist.
#ZuulCastsTheeIntoOblivion
Good night overblight.
Bye
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No, fuck you, perma-bear. I hope you have a terrible new year, because all you do is shit in the 401Ks by praying that the markets crash, so you can profit on others' losses.
Looks like the ex-sponsor wussy lala put me on ignore because he couldn't take some sticks and stones, while he is, at the core of his being, praying that markets crash so he can make money on the backs of hard-working Americans' 401Ks.
He doesn't deserve an audience. I hope he crashes and burns as the US economy keeps growing.
And there he is, trying to justify his bearishness by claiming he also trades long bias. But he swing trades inverses like no tomorrow. This is a guy who CRAVES market crashes. And who by the way, has never posted a losing day either long or short.
He's an equal-opportunity hater, who will sell you his soul for some saxaphone lessons.
fwiw i routinely discuss examples of both up and down days, when noteworthy. today i had a minor red day, down just $119 ... no big deal : o
To me, a bad red day is -$400, a good green day is +800 or better. Days a couple hundred up or down are just noise.
doing dozens of trades today eg
I have Parkinson's disease, so extensive typing/posting is a challenge. I often ask my wife or daughter to post what i say here. It is disappointing to them, and I, to suffer reading troll attacks. I appreciate the honest, supportive people here. Best wishes to all.
To me, a bad red day is -$400, a good green day is +800 or better. Days a couple hundred up or down are just noise.
doing dozens of trades today eg
I have Parkinson's disease, so extensive typing/posting is a challenge. I often ask my wife or daughter to post what i say here. It is disappointing to them, and I, to suffer reading troll attacks. I appreciate the honest, supportive people here. Best wishes to all.
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