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If it drops by 30%, you lose everything.
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@OnlyETF as if the nasdaq would fall 30% in one day
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@OnlyETF simply insert a stop loss
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@parlania that's what i ask myself ?!
@OnlyETF @Kalle2 Don't worry, there are control mechanisms on the stock market that prevent such strong fluctuations. They are called circuit breakers. If the S&P 500 falls by 7% from the previous day's closing price, trading is interrupted for 15 minutes. At 13% again and at 20% trading is stopped for the day.

The Nasdaq 100 and the S&P500 are similar enough that -30% for the Nasdaq should be out of the question. Although of course -20% is also unattractive if they are triple leveraged.
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@OnlyETF it cannot fall by 30% in one day - at -20% all trading per day is suspended until the following day.