$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ 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.
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.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
I gave up on this fiscal year. It is often said that it will rise from November, but I feel that it is not that significant.
I was giving it my all, so there is really no choice but to hold onto it.
It may take 2-3 years to reach the next peak, but we will be patient until then.
I gave up on this fiscal year. It is often said that it will rise from November, but I feel that it is not that significant.
I was giving it my all, so there is really no choice but to hold onto it.
It may take 2-3 years to reach the next peak, but we will be patient until then.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Just now, it broke through 30 below.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Why is this going down?
I feel like crying.
I feel like crying.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Has the bottom 2 that everyone feared has arrived?
If that's the case, it's still going down
If that's the case, it's still going down
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$Snowflake (SNOW.US)$
It didn't cause any scandals or product problems, but on the contrary, -40% year to date is amazing
It didn't cause any scandals or product problems, but on the contrary, -40% year to date is amazing
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$NVIDIA (NVDA.US)$
If NVIDIA doesn't recover, it won't be a pro turn this year, please 🙏
If NVIDIA doesn't recover, it won't be a pro turn this year, please 🙏
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ I'm thinking of selling it today before Jackson Hole, is there anyone who thinks the same?
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$Snowflake (SNOW.US)$
When others are up, they go down,
It also falls when others are down.
Seriously, I think it's a garbage brand.
When others are up, they go down,
It also falls when others are down.
Seriously, I think it's a garbage brand.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ I almost get fooled by “reversal from today” and “now is the bottom price” like every day
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