离火盛世 : for this to drop to 23, it needs 15% drop in amzn which translates to 170. possible?

Romantic Hunk : how it close? this amzu no more?

modest Narwhal_1005 : you still got amzz 2x daily, and amzy that pays a 50% dividend per year if you want more certainty. I think you are 100% safe. Just look away and diversify.

modest Narwhal_1005 : you can dollar cost average it safely. If you go all in at the wrong time it could take way longer to recover than amzn without leverage. Not that big of a risk but it's not very fun either.

离火盛世 OP modest Narwhal_1005 : would you suggest to cut loss if my cost at 41?

modest Narwhal_1005 离火盛世 OP : I don't know. If you are Investing long term than you should be fine. Keep some money to buy more in 3-4 months if it continues to drop.

10baggerbamm : it's a leveraged ETF it has a 2X multiplier so it's movements are typically twice as great to the upside and the downside as the common stock