Viewing a single comment thread. View all comments

riksi t1_j1ckw5a wrote

Reply to comment by whatevers1234 in Lower low has been made on the nasdaq by Miljonairsteam

> Basically it’s less painful at this point being in TQQQ investing less than someone who blew everything in QQQ

Until you get 1 or 2 years of sideways market.

1

whatevers1234 t1_j1e7oth wrote

Not true at all. TQQQ does not slip like inverse 3x markets. It’s quite minimal. If you are swing trading you will make up any of those losses quite quickly with just a couple sales. If anything it doesn’t matter at all if you are trading on volatility.

1

riksi t1_j1e8a1m wrote

You are truly regarded my dude. Nobody said it slips like inverse. It still slips.

1

whatevers1234 t1_j1egxh9 wrote

I invested in TNA back in October of 2021 and got truely fucked for sure.

But I invested in TQQQ around 36 and am even right now around 18.

If you sit like an idiot and don’t actively trade then yeah. You regarded. If you actually swing a 3x, sell CC, and hedge you fucking come out just fine.

Literally if I can be even when a stock moves from 36 to 18 I ain’t worried about a bit of slippage if markets move sideways. The way I trade that’s actually when I make the bulk of my $$ compared to rest of market.

1