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Philipp K.
@philipp_kusch
11Mon
ยท
Dear Community,
let your opinions
$QQQ3
(-5.61%)
rain.
I'm curious ๐
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Enrique
@Dividenden_Monteur
11Mon
Do.not.invest.in.leveraged.etf
'
s.at.the.all-time.high
.
There have been enough entry opportunities for this in the last 2 years, why now?
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Philipp K.
@philipp_kusch
11Mon
@Der_Dividenden_Monteur
As I've only just got to grips with this ๐
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Enrique
@Dividenden_Monteur
11Mon
@philipp_kusch
don't.
This is really a product where you go in when the index corrects properly.
The lever works the same way when it goes down and then it can take years to get back to the black 0.
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SharkAce
@SharkAce
11Mon
I tried it with the S&P x3 years ago and made a loss :D (but it was also a bad economic situation).
Due to the leverage, any profit can be gone very quickly. So if you like risk - go for it.
But if your intention is "ETFs rise in the long term and therefore it rises 3x as fast" - leave it ๐
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