/biz/ - Business & Finance

>>56005183
It was me. I manipulated SPY and VIX. Better luck next time.

>>55924791
Learn SPY. Use multiple time frames. Git good. Or just buy Deep ITM LEAPS at furthest expiration date. You'll get 1.5x to 2x leverage. Space the LEAPS apart. Roll at expiration. Literally that easy.

Sometimes I wonder about you anons.

>why is market go down?
Because I bought 1,000 more shares of UPRO yesterday. Told you guys it would be a red week.

>>55684921
Thank you Mr. John Rockerfeller. I have liked and subscribed.

>>55603355
Well no shit. The median volatility of the underlying has too much volatility for a long term hold. Even QQQ can only take up to 2x leverage (hypothetically). Use the 200 MA strategy and take the volatility drag like a man. Don't end up like Scoops.

>>55522275
Nah I just DCA with index LEAPS. I think 1.5x leverage is sustainable long term. But I still like up more than down.

>>55488006
>380 KB
>What's your excuse for not DCAing into SOXL and TQQQ?
I would rather use options and PM because I'm not a dumb dumb/poorfag. Also the standard deviation of SOXX is too high to support a 3x leveraged ETF long term. The underlying (SOXX) has actually outperformed SOXL over the past 5 years. As for QQQ, it historically doesn't support 3x daily leverage long term (although 2x is fine).