$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
Well, the performance can be completely different depending on which point in time you look at. At this point, I think we are losing to various things, but if we hold on, there will come a time when we can win big again, so I'm not too worried. We can still expect a year-end rally, so it's not selling well right now.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
戒律 : Rebound from the rapid pricing in Trump trade. Economic downturn from non-landing pricing.
When it goes down, there are two strong factors that could be reasons, so I haven't touched it.
The signal of declining capital demand is there, so I probably won't touch soxl until the market reaches extreme fear.
For normal trades, buying at around 7% moving average deviation would be typical, but now it seems to be in a range or in the midst of a downtrend, so it's about 20% achievable, and isn't the downside risk relatively high?