$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
People who talk about long-term investment or analyze candlestick charts are really just joking, aren't they?
The leverage etf will steadily decrease in the long run if the original is sideways, so the longer you hold it, the lower the winning percentage becomes.
The chart of the leverage etf is just a copy of the original chart, so it's almost meaningless due to depreciation.
It's really scary how many people here and on social media say "I'm a long-term holder!" even though it's clearly written as "daily" and the brokerage firm specifically states that it's a short-term trading commodity etf with sharp depreciation for long-term holding.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ I cut my losses today. -1.5 million.
The reason for this is that, due to the nature of leverage, I thought that even if "sox" returned to its highest value in July, soxl would stop at around 30 to 40, so I made the decision.
I think that for soxl to reach its highest value, it would require a performance similar to NVIDIA in the first half of this year, but I don't think it will happen for at least a few years.
I concluded that soxl is not suitable for long-term holding.
Since I am still in my first year of investing in stocks, I would like to hear your thoughts on this determination.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Surprised this morning! I think it's up as much as 3%! I'm glad my expectations were off! I was able to secure profits on 50 shares at the $24 index! Next, they're making profit reservations for 50 shares of $25, and from $27 to 100 shares each, up to $37! It's going to go up a little bit tonight too! Because under is strong!