My Leverage ETFs Update
I posted my experiments on investing with the leverage ETF mid of Sept. You can read about the post in the link below.
https://www.moomoo.com/community/feed/113135188377606?share_code=01vzMj My losing Leveraged ETFs
https://www.moomoo.com/community/feed/113135188377606?share_code=01vzMj My losing Leveraged ETFs
At that time, 2 of the 3 ETFs ( $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ and $Direxion Daily GOOGL Bull 2X Shares (GGLL.US)$ ) I invested were in red. The one that was making money ( $GraniteShares 2x Long META Daily ETF (FBL.US)$ ) was only gaining 1.7%.
Fast forward 1.5 months now, with the market booming things are getting better. Only hope is that $Alphabet-A (GOOGL.US)$ will buckle up and ride the wave together with other tech companies. I am still holding all of them but are cashing out some to put at the sidelines for the next round of investment. ![]()
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I guess the experiment turns out to be fine so far. It will need more time to see if I can make a bigger gain. ![]()
P/S: I missed the $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ in this experiment. Sigh ![]()
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105564597 : lol you claimed profits too early man … not too late to jump back to Google again