im with you bro, trying to work on my psychology as well
Hudson Sanchez
(You) So is this the only argument? Obviously leveraged shit has higher downside risk but with even the most volatile market going up in the long run, it seems like the obvious play.
It's the equivalent of some real estate fag buying 10 houses on credit and becoming a millionaire in a few years, just without the hassle.
If you believe don't believe in QQQ going up, why holding QQQ? What's its advantage over TQQQ?
How does this fund remain financially viable? I understand decay impact on SQQQ, but how can this fund pay out people with this type of returns?
Jacob Cooper
Bell was a sperg The first thing that was ever said on the telephone was something like "Come help! I've spilled acid on myself"
Matthew Kelly
Like I said in the other thread, volatility drag. If a leveraged ETF goes down by 5% then it'd need to go up by 5.26% to get back up to the same point. Over the long-term the drag will fuck you in the ass. You never hold leveraged ETFs long-term, just a stupid idea.
Jason Martinez
tqqq only goes up because bull run and because major indices have low volatility due to call writing and gamma hedging. jnug doesn't look that nice at all. It's all just wishful thinking and selection bias.
Jose Ross
I hope you are not the thread originator. You sound dumb as fuck. But yeah, everything back to normal right now.
Shill me on MITT and RWT. Will they recover to pre corona levels or go down even more? They were a steady asset for years before the lockdown and I was interested in buying them for a long term hold. Now for some reason I’m worried they may never recover.
Lucas Lee
I got fucked today, biz... and not in a good way...
Speculating 1 year into the future is much easier and safer than speculating 10 or 15 years into the future.
Xavier Green
is it too early to buy puts ? shall we wait until elections?
Asher Long
ok doomie thx
Nathan Bennett
If "12m Fwd EPS" means "12 MONTHS forward earnings per share" I think you missed the point. This was panic selling and if anything it shouldn't have gone so low.
Ian Martinez
i prefer 2x leveraged ETFs if i'm going to day trade them. 3x just gets away from me too fast since i'm not sitting there monitoring it for the whole day
Zachary Price
You're a retard. No one cares about your bullshit Technical Analysis. Take that snake oil to /r/investing.
How is anything about that TA? Are you fucking retarded?
Thanks for your input sir. How is a correction doomie style? New understanding of free markets, where everything is to go up up and up is very interesting. Fucking zoomers are worse than boomers.
Wait for a clear trend. If SPY breaks out of 295, buy calls, if SPY breaks below 279 buy puts.
Are you retarded? EPS will stay low for several quarters, most of the business wont recover due to lack of consumer confidence / lack of money and fucking shortages of supply.
Gavin Clark
the fuck is this chart talking about? Microsoft, Apple, Amazon, Alphabet, and Facebook all trade on the NASDAQ, not the SP500.
Gabriel Nelson
Don't listen to any of the retards who responded to you. You're on the right track with the leveraged ETFs, especially TQQQ and UPRO. Buy in and get rich. Leave the naysayers in the dust
Jeremiah Nelson
>Are you retarded? EPS will stay low for several quarters, most of the business wont recover due to lack of consumer confidence / lack of money and fucking shortages of supply. >several quarters I'm fine with earnings being down for several quarters if that means I can buy at a 30% discount when I intent to hold over 30 years
Charles Nguyen
HURR DURR EPS EXPECTATIONS NOT TA
Noah Hall
invest in fumo
Jeremiah Kelly
A better decision would be to throw it in UPRO or something. The risk of a short term volatility spike fucking you up by your sell date is simply too great
Aaron Nelson
Because they’re $8.50/contract and we could easily have another leg down in the market. But you do you man
Ladies and gentlemen. The average Zig Forums user.
That your previous point was interesting...
Kevin Morgan
Everyone knows reopening is soon, oil prices are going up and things are returning to normal which means we're on tract for more good economic and market returns under Trump. Libtards like you are seething at the fact that this whole charade didn't wreck the economy enough to give Biden a chance to win.
