$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ ...
$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ Just noticed that the historical high price was 0.17 billion, meaning if you invested 1.7 billion 15 years ago, you would still have 186.30.
Just kidding, don't take it seriously.
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玄学炒股的美股韭菜 : Anyone with common stock market knowledge would not choose to hold leveraged ETFs for the long term.
Penguin OP 玄学炒股的美股韭菜 : The capital I invested in SOXL was earned by holding TQQQ for a long time.
玄学炒股的美股韭菜 Penguin OP : When did you buy... When did you sell?
Penguin OP 玄学炒股的美股韭菜 : Bought in 2016 and sold in 2022, started buying into SOXL.
花开富贵被重名 : The QQQ basically has an upward trend, it is a single trend, you can hold it for a long time without any problem. When encountering high volatility like SOX, with high frequency of ups and downs, holding it for a long time is just giving away money. Now SOXX is at 230, in August the SOXX was at 230, corresponding SOXS was at 21, now at 230 it can only have 18, it hurts the profit, in less than half a year, it's already over 10%.
玄学炒股的美股韭菜 花开富贵被重名 : Actually, I'm now thinking why I didn't just hold short on SOXS directly.This seems like a sure win.
Penguin OP 花开富贵被重名 : In fact, from Historical Data perspective, holding onto soxl long-term can also be profitable. Every time I mention this, someone criticizes me, haha. The examples you provided have too short of a time span to be considered long-term, look at the prices from 5 or 10 years ago. But let's just assume I'm naive and talking nonsense, I don't want to face criticism.
花开富贵被重名 Penguin OP : Holding TQQQ for a long time is definitely better than SOXL.
Penguin OP 花开富贵被重名 : It is meaningless to discuss who is good or bad if you don't invest. tqqq I made ten times in six years. Do you dare now? Hehe
花开富贵被重名 Penguin OP : I dare not, now I only dare to sit here and wait for a major pullback.