$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

Sweee : compare w soxx, have to see etf internal allocation. Anyway this type of leveraged etf is double edge sword, if ur buying n holding this, u will stand to lose more than u earn as downside hurts way more than usual. Jus look side by side with soxx, soxx is hovering around 200ma, soxl is already in bear territory

ひな☆彡 SOXL ♡ Sweee : not necessarily, if it’s upside then it will be way more then usual.  We just haven’t got the momentum yet.

Sweee ひな☆彡 SOXL ♡ : do the math, u need higher percentage to recover. the math applies to normal etf stocks too, downside always hurts bad, highly leveraged etf downside is so bad it v hard to recover

ひな☆彡 SOXL ♡ Sweee : Ok boss

Sweee : its best for option plays bros, don't let ur "dead" stocks sit idle, sell calls, sell puts, the IV so high stock price so cheap if even kena assigned it doesn't hurt anyway

Reds93 OP ひな☆彡 SOXL ♡ : okay I understand securing profits now but I have left it in there since July when it first came down in August and September I was good until October and November I should went soxx like I told myself because if you look back on yrs after yrs it follows soxx being the gainer in sep-dec then after Soxl takes off till end summer then repeats just in same time frame like that... so my conclusion to go to soxx at the beginning of October i ignored and boy I regret I didn't.. cause first saw this stock at 16 bucks or something in August of last yr and had money to invest now I'm just playing with chump change 9k lol I should have over 100k in here but ya

73956616 : It's just gambling , bet on the size. If you believe Soxx can go up, you'll be done with a full position. I'm not surprised at the honor and shame