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,