I mean in theory yea but QQQ would have to drop by more than 33% in a single day and circuit breakers would prevent that, no ?
Stock Markets
24,692,911 Views |
233388 Replies |
Last: 5 min ago by M4 Benelli
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
It's not a single day lose everything in a meme stock loss, like CLOV. It's more of the drain you down over time thing. At one point this morning QQQ was 0.06% green but TQQQ was -0.14% (red). As long as well keep what's been the longest bull market ever that works out. If we go bear or a year of sideways it's no bueno.
Leveraged ETF options get smoked routinely. I don't tuch leveraged crap. It is their for hedging...
Soooooo.......username checks out in that respect for you...
Soooooo.......username checks out in that respect for you...
As long as you're actively managing it, I don't see an issue playing triple leveraged ETFs. Just don't think of them as the same as investing in QQQ or SPY.
I only play triple leveraged ETFs when I'm fairly confident in the move and only play with money I'm okay losing. These are not longterm investments.
I only play triple leveraged ETFs when I'm fairly confident in the move and only play with money I'm okay losing. These are not longterm investments.
I get that they get smoked but if you hold long term, they go up considerably more than QQQ. A five year comparison of TQQQ Vs QQQ Shows it up more than 5 times qqq since 1/23/17. It seems like a no brainer if your comfortable with that kind of risk.
Out of my 374 calls for 1/28. May look to short for the afternoon if this rounded top doesn't break higher at the 38.2. Nothing wrong with taking profits.OutlawAG04 said:Sitting on the 38.2 right now (slightly under). See if this holdsOutlawAG04 said:
QQQ fighting to get through the 61.8 fib on intraday high/low. Cutting my entry if it can't hold
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
Again think what QQQ has done over the past 5 years. Historic bull run. If you can order another one of those I'll dump all my money into TQQQ with you and let you borrow the Lambo.
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
Irish 2.0 said:LUCKIN COFFEE PLOTS RELISTING IN US TWO YEARS AFTER $300M FRAUD - FT
— *Walter Bloomberg (@DeItaone) January 19, 2022
It is back!!
Lol. I actually made a small amount of money on that POS.
Fair enough, I'm only gonna dump so much into it. I don't mind the volatility
They shouldn't be allowed back in the US markets after the shyt they pulled
SPY 458 getting to be a ceiling here.
"Life's tough, but I'm tougher."
just a side note here but is that price adjusted for all the splits and reverse splits these levered etfs do?hedge said:
I get that they get smoked but if you hold long term, they go up considerably more than QQQ. A five year comparison of TQQQ Vs QQQ Shows it up more than 5 times qqq since 1/23/17. It seems like a no brainer if your comfortable with that kind of risk.
I remember UWTI was one of my favorites back in like 2016
C'mon WWR - you can do it! Now is the time.
Idk honestly
This is a large part of how Cramer built his wealth, not stock picking.hedge said:
Anybody want Cramers exclusive picks
But for the most part all he recommends is stuff like MSFT and the like (FAANG) and whatever his acronym was from a decade ago. If you hold stocks like that long enough they will go up.
Work meeting just hosed me... I am now down on what was a lucrative SPY P trade. I had a target set but we didn't get to it.Irish 2.0 said:OPEX is this week. We should start to see the fireworks one way or another on Monday. I'm in Atlanta basically all of next week, so I won't be able to play.Max Stonetrail said:Thank you.Irish 2.0 said:You're welcome...Irish 2.0 said:
Remember, do not buy this gap up. I would not look to get long anything, even for a scalp, unless we can take out yesterday's opening high. 460 SPY and 376.50 QQQ is what I'll be watching and waiting on
I think SPY is going into the 454's. It was there and below overnight.
I think between now and the end of January, if it looks like a bull, it's a bear.
However, I do not think we have seen the last of the bears for the near term.
yeah if bulls can't reclaim and hold 4610, game on for bears.
SPY at 458 resistance. Decision time is coming. I'm thinking it drops this week.
"Life's tough, but I'm tougher."
When markets stabilize I'm considering adding ASO. Taken a 20%+ haircut from highs and (anecdotally) should have a great run into the spring/summer season. Want to look more into their recent results to see how they are performing under the hood.
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
"Life's tough, but I'm tougher."
Thinking this would still be a good entrance point for BTI or should wait for the stabilized macro market?
Can never know, but it's been on a rocket even with how rocky things have been lately. Would expect to see a little more pullback
If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
$SPY g/r/g/r/g/r pic.twitter.com/UVNn2HbIwH
— PSK2329 - JHC (@psk2329) January 19, 2022
Biden won't do a damn thing about Ukraine.ProgN said:If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,939
How long do you want to ignore this user?
I closed my 4 SPY Iron Condors. Made $800 in the trade. I was at a point where there was 2:1 risk:reward, so I played it safe and closed it out for profit. I still think we'll chop and think I could have made another 50% by Friday morning. Being conservative is not easy for me.
AG 2000' said:Biden won't do a damn thing about Ukraine.ProgN said:If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
He'll say a bunch but you're right. He's hanging our allies out to dry
"Life's tough, but I'm tougher."
I think this is a good place to start a position. $38 has been S/R over the past year with $35 being significant support below.Engine10 said:
When markets stabilize I'm considering adding ASO. Taken a 20%+ haircut from highs and (anecdotally) should have a great run into the spring/summer season. Want to look more into their recent results to see how they are performing under the hood.
SPY just about crapped the bed. Hope you have puts I place.
"Life's tough, but I'm tougher."
$455 is going down.
FJ better be watching, we may visit $453.50 today.
FJ better be watching, we may visit $453.50 today.
Spoony Love said:
$455 is going down.
FJ better be watching, we may visit $453.50 today.
Today was critical day for the bulls but I don't think they will hold 461.
It's still OPEX week and this could simply be Biden overreaction. Don't go full tilt into puts yet.
shooooz
Featured Stories
See All
SEC Round-Up: Dawgs facing possible playoff elimination this week
by Olin Buchanan
33:59
3h ago
550
Pick 'Em & Rip 'Em sponsored by PrizePicks: Week 12
by Matthew Dawson
14:58
3h ago
584
Assessing Earley's first signing class at the helm of Texas A&M baseball
by Ryan Brauninger
Tom Kazansky 2012
Number of football tickets A&M provided to t.u.
in Billy Liucci's TexAgs Premium
70