- Entry
- $41.09
- Final
- $84.81 +106.4%
- Target
- —
- Score
- +1.00
Hi all, - I understand that buying and holding LETF 's is discouraged here due to massive drawdowns or decay. - But what about buying tqqq / upro when the underlying index is down - 25/30% and so the LETF is down - 75% and more. - A DCA strategy into upro / tqqq at these levels and sell after a good profit. - I'm all cash currently and tempted with adding a portion of tqqq / upro. Thank you,
— ORIGINAL POST ·
Buying tqqq/upro when index down - 30%
· r/investing
· Apr 6, 2025