No direction yet for SQQQ TQQQ QQQ,
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ last rally of +22% to $22.
Now we rallied +27% to $9.1
Time to run?
Next monday to decide this cancer surgery
$Invesco QQQ Trust (QQQ.US)$ & @ $ProShares UltraPro QQQ ETF (TQQQ.US)$ right shoulder has to form with a lower high
As always, im your madman for doing silly Stuffs
Ciao
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70198652 : Can I hold on to sqqq for a long time? The average is too high, 13.23. should I keep it or sell it all now? What do you think to do now? Have more potential to rise to my average holding cost
Warren Buffed OP 70198652 : Im waiting it retest below 9$, if cannot hold, you better sell all, cus its fonnna continue downtrend.Im also dca from 22$
Ultratech : when people buy sqqq it tells me they don't know how to find running stocks. going against an index is stupid since qqq is bullish. you are better off buying tqqq in any situation or market conditions holding long vs trying to time sqqq
Ultratech 70198652 : People who hold sqqq will lose eventually. in the long run the market always goes up this should be common knowledge in investing.
Warren Buffed OP Ultratech : Agreed
Ultratech Warren Buffed OP : if you agree why are you hyping sqqq. Nasdaq is bullish.
Ultratech : better off buying stocks vs sqqq....
Ultratech : tell me you're an idiot who buys sqqq when market direction is unclear but in a dip already before it probably rallies. I hold stocks that always go up even after a dip. sqqq does not do this. it sinks like mullen or a highly shorted penny stock
Ultratech : when I first got back into stocks I mentioned sqqq to an active knowledgeable investor. he laughed said something about supposed to be for hedging and hedging is stupid and how he has a lot of apple/nvidia/pg this was a few years ago. either way sqqq is stupid and noobish. I just made a list of low stocks in huge dips potentially long forever holds vs sqqq where lose nonatter what even right off the bat on Monday. even going into a bear market there's ALWAYS something better that will go up when nasdaq is dropping. People get scared dumped their positions buy sqqq briefly then market reverses two days later and they take loss again from sqqq rebuy stocks again at a worse price with less money chip away at account plus get fked on taxes. you can't get any more retarded that messing with sqqq it's trying to time the market you're not good enough if you're looking at charts there's several factors to be taken into consideration which will not show on a chart day by day its impossible to tell and meanwhile decay/reblance eat away at position as well..meanwhile once again you could put that money into a stock position for unlimited growth possibilities instead