• Naminori なみのり : @10baggerbamm may i ask why you prefer not to buy the goog common stock instead?

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• 10baggerbamm OP Naminori なみのり : I don't have a problem taking more risk it really comes down to that and the leverage ETF
  IF
  IF
  you nail it right when the stock reverses and it's in and upward trend you're doubling up on your short-term returns
  so if the common stock moves 5% I'm getting a 10% return that's why.. I've been on the other side of the coin too where I've had the market reverse on me in a leverage ETF and the pain is insane there's you have a 20% decline in the stock because it's a high beta stock well you're down 2x that 40% that is brutal.
  so it's nothing against the common stock it's when it reverses and the trend goes upwards I'd rather double up on my return be out before the apex of the common stock before it reaches its cycle and I'm back into a cash position.

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• Ginvest : bought 100 shares at 41.5 to test water; bought and sold 2/21 put made some $. thx for the awareness bell

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• Naminori なみのり 10baggerbamm OP : thank you for sharing your insight.

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• Investor Dudu : @10baggerbamm Is this a buy now? Some are expecting it to drop around 175 range. Whats your take on this?

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• Ginvest : thank you for the info, HAPPY TRADING

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• 10baggerbamm OP : I'm going to be buying 2,000 shares I'm not going to go hog wild because this is a new program that I am using
  I'm also going to be selling puts for tomorrow's expiration at a 42 strike so I'll sell 20 contracts that'll give a little premium that I'll be able to collect so my total position if I put the stock would be 4,000 shares.
  ordinarily if I'm 100% confident I would buy 10,000 shares I put $400,000 into a position that to me would be a full position
  so I'm putting my toe in using this trading software I like the chart as it reads right now for myself the stocks holding above the 250 day long term moving average you can go all the way back to September last year it did pierce it was a very bad month for all equities but then it recovered so if you look at the bigger picture
  money is rotating from one mag 7 stock to another it doesn't really matter about what their earnings were or their guidance it is circulating around and it has been doing this for the past couple of quarters and I believe it's going to continue.
  so Microsoft yesterday my program initiated a buy I bought a little bit of it I posted my print the price that I bought it at and I'm going to do Google as well this morning.. this leveraged ETF.

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