Submitted by Miljonairsteam t3_zsrznt in wallstreetbets
whatevers1234 t1_j1egxh9 wrote
Reply to comment by riksi in Lower low has been made on the nasdaq by Miljonairsteam
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.
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