Is this consumed by itself every day? Want to hold it for the long term until it rises. But some people say it will be depleted.

tough Anteater_3756 : Leveraged etfs cannot be held for a long time, causing losses.

102872488 : If it rises, that's ok. It is relatively difficult to recover from a long-term decline. When the S&P 500 rises, SPXL is a good hold.

151770491 OP : . Covering the mountaintop. Let's check it out by the end of the year. Is this considered too long?

All in everyday 151770491 OP : To always do T to lower the cost, if just holding, it must rise all the way to have a chance to break even.

151770491 OP All in everyday : Oh no. If it unfortunately falls to 20, I will trade again. I have set not to add more money to myself this year. I have already paid too much tuition fees just a few months into playing.

All in everyday 151770491 OP : If you don't do T, it will be a continuous volatile market, causing serious losses.Waiting for it to drop below 20 is too harsh, it will break through the market of the policy bull market on September 24, and directly enter a bear market.

151770491 OP : Doing t means adding positions and then selling. Then buying again at a lower point? Isn't it better to do this way? I am not sure when is a good time. Can you help me with that?

151770491 OP All in everyday : Doing t means adding positions and then selling. Then buying again at a lower point? Isn't it better to do this way? I am not sure when is a good time. Can you help me with that?

All in everyday 151770491 OP : Yes, just buy some at the low point, sell some at the high point, long-term costs will be lower, and you can start with a small position. The timing depends on your own strategy, at what point are you willing to add to your position, how much to cut losses when it falls below, and at what price to reduce your position. I'm just a newbie myself, I'm not good at leading others.Trading/investing must rely on yourself, so you know what actions to take in different situations, otherwise your emotions can easily be affected by market fluctuations and lead to panic.

151770491 OP All in everyday : . I'll give it a try.