The 3-fold leveraged experiment was terminated. Approx. 1600 euros profit on the day trade, approx. 4500 euros loss. Makes. ca 3K loss. A 3x ETF does not make up 1:1 if the price falls when it rises again. I.e. when Nasdaq 100 was back at the time of purchase, the 3x was still in the red as often described due to path dependency and TEUR. I see a correction possibility for tech stocks in 2024 and the risk was too great for me to go into the red again to this extent. That was hard to bear. I plan to reduce my hours/work part-time soon, for which the portfolio pays, and there are extensive investments in the pipeline. I will keep you up to date. Thanks for reading and thanks to everyone who has the balls to post a dip in the toilet.
2Yr·
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