TSLA
Tesla
-- 441.089 NVDA
NVIDIA
-- 133.890 MU
Micron Technology
-- 87.103 AMD
Advanced Micro Devices
-- 121.360 QUBT
Quantum Computing
-- 19.415 
Anyone who previously fantasized about the evil bull market'...
Anyone who previously fantasized about the evil bull market's fifth wave must have drunk five liters of South Korean soju. As for those who were still thinking about SOXL reaching 40 a month ago, they must have drunk the bottle in between. These days, with the false breakout in SOX, it should truly break through the bottom and fall further. Those who chased after it these past two days must have drunk a small bottle of soju. Set your stop-loss point. Lotte Mart at Seoul Station in South Korea sells it~
Celebrating Christmas in Seoul, South Korea
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Penguin : It will definitely return to 40, and it won't take too long.
三枚筹码足以 : Waiting for 20 yuan.
人生如幻 OP Penguin : Set the stop-loss point higher. If indeed bullish, wait for a dip to a support level before entering. At that time, set the stop-loss point slightly below the support line. If the support is broken, stop the loss and exit for a coffee break.
Holding SOXS & SOXL for more than a month will result in losses due to erosion, as both are long-term decliners.
DLLM167 人生如幻 OP : Haha, you don't need to explain to this old man. This old man is already set in his ways, he does not believe in depreciation and technology, he only believes in what he thinks is right, so just let him be.
Penguin : Can you explain why there were two increases to 70 before, why won't there be a third time?
Penguin : Bullish on a stock, hold it for a longer period, betting on the long-term trend. Do not stop loss easily, otherwise there is a high probability of falling behind and being cut of the vegetable profits.
人生如幻 OP Penguin : Have you looked back at August 6th to see if the closing price of SOXL is similar to yesterday's closing price? But if you compare the position of SOX on August 6th with today's SOX position, you'll be surprised. Because triple leverage mainly uses Options, and Options have expiration dates and losses. The second is the fluctuation of SOX, causing percentage losses. So SOXL & SOXS, both will decrease in value in the long term due to losses. Third, the combination of SOXX will be adjusted. So in the past, when NVDA accounted for a large portion of the combination, it would soar when SOXX rose. But now the composition of the combination has changed~~~
Penguin 人生如幻 OP : Just talking on paper. Wear and tear are costs, more obvious in the short term, but in the long run, it depends on the overall trend. This is a triple Stocks, even if one third wears out, there are still two thirds left; if two thirds wear out, there is still one third left. Do not compare within 5 months, compare within 5 years. SOXS has no hope, because Stocks are expected to rise in the long run. It's okay to speculate in the short term, but it is not guaranteed. Most speculators who short sell end up losing everything.
Penguin : Don't think of wear and tear at the sight of leverage. I did tqqq, fngu came over, and earned more than 10 times. If I hadn't been impulsive and thought I could make more money trading in waves. Now soxl is at a low point, I bought 0.04 million shares, no problem making 3 times in the near future.
人生如幻 OP Penguin : You underestimate yourself too much, I think you can easily earn ten times more.