15:30 (@Mitternacht) on getquin

2Yr·

Opinion for $QQQ3

🐻 Bearish

Sell leveraged ETF at almost -40% and invest in something else?

I am leaning more towards selling and reinvesting the rest of the money. Does anyone have any arguments against? Or other suggestions on what I could do. Don't want to mess around with leveraged ETFs any longer.

7 Comments

Tilikum@Tilikum

2Yr

Reduce the positions if you don't like it. But do not forget that uninvested money only becomes less

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MCS_02@mcs

2Yr

Wait vll FOMC next week. The last meetings have always initiated a trend reversal.

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SharkAce@SharkAce

2Yr

With leveraged products you can have your loss back in very quickly, but if that's too much stress for you, take it out. You should feel comfortable with your investments first and foremost.

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El Tomaso@El_Tomaso

2Yr

If you have already taken -40%, I would pinch the butt cheeks together and sit this out now. I am with my leverage depot itself hard in the minus, but have further limit orders open in case it goes even further down. In the rearview mirror, it has always been the painful points in the chart where the entry would have been perfect. I think this is now again such a point. As long as the index does not go volatile sideways for 3 years now I think it will pay off. And even then it just takes longer. In the "Leverage for the Long Run" a buy-and-hold through various crises and wars was simulated, that was also massively up in the end. The biggest hurdle is the investor who mentally fails to tolerate these interim book losses and then gets out with so much loss that he never comes back. But of course there are no guarantees.

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Show answer

Moritz@leveragegrinding

2Yr

in downward tredns there are also long phases. If you make such a mistake, do not sell on the day where you realize it, because much loss occurs. Do not think that we get ATH or so but just like a month ago, people will grab again when it is cheap. But does not have to happen so, dat you have to know yourself (I would be long out at 14000).

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Topper H.@TopperHarley

1Yr

Nasdaq 3x and Bitcoin in the portfolio is tough Brudi. Stay tuned.

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