quote:I only like buying that before an up week. Before down weeks, use SQQQ. Best part is, the error is smaller in a week than a year. If it is going to be a particularly big swing for the week, best to dig deep in the option chain to lever those results even further.
I put money in TQQQ which is Triple nasdaq. Made a killing too.
My bet is that every year the Nasdaq will go up by some amount. I will make 3 times of that minus some amount of error.
quote:quote:I only like buying that before an up week. Before down weeks, use SQQQ. Best part is, the error is smaller in a week than a year. If it is going to be a particularly big swing for the week, best to dig deep in the option chain to lever those results even further.
I put money in TQQQ which is Triple nasdaq. Made a killing too.
My bet is that every year the Nasdaq will go up by some amount. I will make 3 times of that minus some amount of error.
quote:Sorry for my ignorance, but what does this mean?
Inverse /r/wsb for your timing signals!
quote:Thank you for the clarification. Trying to learn from posts on this forum has me looking up investing terms like an olds, with a teenage son, immersed in urban dictionary. It's like another language
The /r/WSB reference is as much trolling as the rest of this thread.
1. Don't "invest" in 3x ETFs
2. Don't use WSB for trade signals
quote:quote:Thank you for the clarification. Trying to learn from posts on this forum has me looking up investing terms like an olds, with a teenage son, immersed in urban dictionary. It's like another language
The /r/WSB reference is as much trolling as the rest of this thread.
1. Don't "invest" in 3x ETFs
2. Don't use WSB for trade signals
