If you made money today, great, I'm happy for you. But let's pump the brakes on calling this a "bottom". The current generation of investors is used to "flash crashes" but have forgotten that tough economic times are measured in months and years; most people you talk to today think the bad times will be shorter than an episode of the Kardashians.
My point exactly. It’s foolish to see people breathing a sigh of relief after just 1 day of “recovery”. Macroeconomics just plain doesn’t change that quickly.
Oh no it went down. Why do people act like we are all trying to make a quick buck with TQQQ? I might be holding onto and increasing my position over the next decade or more. I don't really give a shit if it goes down for a bit.
Lmao this post is retarded. Boomer says we are looking too short term when TQQQ is literally up in any horizon greater than 1yr. One correction and he thinks TQQQ is a bad investment?
How about we do an OTC trade GoingToBeAnMD, you write an ATM naked call option with Sep 2023 expiry, and I'll be your counterparty. We'll see who is right then 😂😂😂
And to answer your question, "where is our god?" He is up 12,000+% since 2010. How much are you up since then big fella?🥴
Holy shit this forum is so pathetic. It's like some of you are the hall monitor trying to make sure everyone stays chained to their desk. I'm not even involved in any of the levered funds until now (recently took advantage of this correction, already green) but some of you all are so pathetic just bashing frustrated analysts who are trying to make something of themselves. They put their conviction on the line and took a shot. It means a hell of A LOT more than some of you career corporate types who have done the same routine your entire miserable adult life.
Would you say the same about someone starting a business and failing at first? Life is about taking the chances. Worst case scenario? They end up LIKE YOU being just another careerist. Best case? You'd probably off yourselves even hearing the potential alternatives...
Goes both ways hombre, stop yelling at the boomers who did not make 300k out of school and could "lateral" whenever their boss wrote in caps in an email.
I mean for a young investor they will recover even if they aped TQQQ. Its down what like 40% YTD? Recoverable if time horizon is long. Actually might be a good place to enter a position.
idgaf about popularity about topics, I'm making a comment about kicking people when they're down. if you're trying to be silly, apologies as it went over my head, it just came off as rude to me, hence my comments.
others having investment success does not take away from your ability to have the same, there is no fixed pie
You're an odd fella. Aren't you pretty senior in your career? I've seen you break your arm patting your back on other threads over how you've been safely socking away money in safe investment vehicles, which is 100% the way to go, but why are you now indulging in other people's misery and misfortune? You do understand you want to be on the cheerleading side of other people making money, right? That's how you also win because people remember those celebrating their wins and run-ups to wins fondly vs. those waving their cane at them.
You've missed my posts about people who use anon being cowards. If you had any conviction in what you wrote you wouldn't be ashamed to put your name on it. I simply don't respect cowards.
You've missed my posts about people who use anon being cowards. If you had any conviction in what you wrote you wouldn't be ashamed to put your name on it. I simply don't respect cowards.
Well the video game continues, as I wrote a while back 2022 is one big macro fun casino and sticking with that view. Wage inflation/energy crisis is here. I give a lot of respect to the kids who stick their guts out and keep true to their position, even though they go ape shit if mention that TQQQ could be wiped out if everyone suddenly panicked (again prospectus says this) not saying it will happen. Chasing the VIX/QYLD/etc will drive you crazy...but taking a breath and not buying the TQQQ asap to know the market vol is there (not a straight line) still think is the way to go.
100% agree with this take. You can be very bullish on TQQQ with a long-term outlook (5+ years) while still being cautious right now and not jumping in head-first given the macro environment and massive volatility we're likely to face this year. I'm pretty confident this won't be your last bite at the TQQQ apple. I'd definitely encourage buying the QQQ dip after the sizeable recent pullback we've seen in tech, but it's another proposition altogether buying the 3X leveraged TQQQ dip. Might be a good time for a very small starter position, though.
Curious how TQQQ holders are playing this now. I'm not a TQQQ but am a large QQQ holder and obviously we have now entered in bear market territory (>20% decline).
Are people holding still? Did you sell recently? Buying?? What's the move WSO
I am buying all the way down in weekly increments (total capital to be deployed / 104 weeks). Assumption is this will be the first "prolonged" bear market since 08-09, so no way to really know where the bottom is.
I am buying all the way down in weekly increments (total capital to be deployed / 104 weeks). Assumption is this will be the first "prolonged" bear market since 08-09, so no way to really know where the bottom is.
Similar. I have a cash position to be deployed over 12 months, in addition to whatever is left over of my monthly savings
if we drop an additional 12 months in a row, then we have much bigger issues at hand
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This is hilarious! But it did turn positive by EOD
Deleted
If you made money today, great, I'm happy for you. But let's pump the brakes on calling this a "bottom". The current generation of investors is used to "flash crashes" but have forgotten that tough economic times are measured in months and years; most people you talk to today think the bad times will be shorter than an episode of the Kardashians.
Deleted
Not how it works anymore. FED learns over time. Watch & learn...
holy s*** did this age well lmfao
Lol this did not age well after only one day
Deleted
My point exactly. It’s foolish to see people breathing a sigh of relief after just 1 day of “recovery”. Macroeconomics just plain doesn’t change that quickly.
hahaha yeah and 7 months later it has aged perfectly, exactly what he was getting at
RIP grumpy cat 2012-2019
Buying the dip, and will buy way more when/if it continues to dip
markets are already down 10-15%, I like my chances
Oh no it went down. Why do people act like we are all trying to make a quick buck with TQQQ? I might be holding onto and increasing my position over the next decade or more. I don't really give a shit if it goes down for a bit.
Oh? Because you're buying a 3x lever fund to get rich slowly??? Yeah, OK.
I'm 21. 10 years is a long time to me, so yes I am trying to get rich slowly.
🤣🤣🤣🤣
Still up ~250x from when I bought in over 10 years ago
Compared to a month ago when you would’ve been 400x…
Did you actually buy into TQQQ at its inception? Damn you're a fucking god. How did you know about this shit back then?
Lmao this post is retarded. Boomer says we are looking too short term when TQQQ is literally up in any horizon greater than 1yr. One correction and he thinks TQQQ is a bad investment?
How about we do an OTC trade GoingToBeAnMD, you write an ATM naked call option with Sep 2023 expiry, and I'll be your counterparty. We'll see who is right then 😂😂😂
And to answer your question, "where is our god?" He is up 12,000+% since 2010. How much are you up since then big fella?🥴
Cringe
Hey so about that money you owe me on this contract I wrote for you . . .
You obviously don't know how to read or don't know how options work, either way I wouldn't be surprised.
Fun fact: it is not Sept 2023 yet :)
Also fun fact: when someone buys a contract and the value goes down, they don't owe any more money 🤡
You can't decide to take a bet months later, but it's actually more in my favor now so I am still down if you want to write one now you goof
Holy shit this forum is so pathetic. It's like some of you are the hall monitor trying to make sure everyone stays chained to their desk. I'm not even involved in any of the levered funds until now (recently took advantage of this correction, already green) but some of you all are so pathetic just bashing frustrated analysts who are trying to make something of themselves. They put their conviction on the line and took a shot. It means a hell of A LOT more than some of you career corporate types who have done the same routine your entire miserable adult life.
Would you say the same about someone starting a business and failing at first? Life is about taking the chances. Worst case scenario? They end up LIKE YOU being just another careerist. Best case? You'd probably off yourselves even hearing the potential alternatives...
So true. These young analysts are heroes, up there with the troops.
Goes both ways hombre, stop yelling at the boomers who did not make 300k out of school and could "lateral" whenever their boss wrote in caps in an email.
Lmao no you’re definitely not in the green
I mean for a young investor they will recover even if they aped TQQQ. Its down what like 40% YTD? Recoverable if time horizon is long. Actually might be a good place to enter a position.
Investing in TQQQ is simply too risky. I only invest in things I understand, such as Shiba and holographic pictures of monkeys.
taking shots at others´ investments unsolicited? c'mon man
so long as you do so legally, I hope everyone gets rich
see you on the other side
You do understand that every time a topic gets a reply or an SB, it moves up higher & higher on the WSO front page, right?
It's all a meta game. I'm not mad at you, I'm just disappointed that I have to explain this to you. C'mon man . . .
idgaf about popularity about topics, I'm making a comment about kicking people when they're down. if you're trying to be silly, apologies as it went over my head, it just came off as rude to me, hence my comments.
others having investment success does not take away from your ability to have the same, there is no fixed pie
You're an odd fella. Aren't you pretty senior in your career? I've seen you break your arm patting your back on other threads over how you've been safely socking away money in safe investment vehicles, which is 100% the way to go, but why are you now indulging in other people's misery and misfortune? You do understand you want to be on the cheerleading side of other people making money, right? That's how you also win because people remember those celebrating their wins and run-ups to wins fondly vs. those waving their cane at them.
You've missed my posts about people who use anon being cowards. If you had any conviction in what you wrote you wouldn't be ashamed to put your name on it. I simply don't respect cowards.
Yes, I'm a tiny coward and you're a big strong man for posting under GoingToBeAnMD. Dork.
.. seek help lol
God is coming back
The markets are shaping up to be a groundhog this year. Poking his head out at the beginning of February, but probably going to back to sleep
Well the video game continues, as I wrote a while back 2022 is one big macro fun casino and sticking with that view. Wage inflation/energy crisis is here. I give a lot of respect to the kids who stick their guts out and keep true to their position, even though they go ape shit if mention that TQQQ could be wiped out if everyone suddenly panicked (again prospectus says this) not saying it will happen. Chasing the VIX/QYLD/etc will drive you crazy...but taking a breath and not buying the TQQQ asap to know the market vol is there (not a straight line) still think is the way to go.
Good job to those who got the dip.
100% agree with this take. You can be very bullish on TQQQ with a long-term outlook (5+ years) while still being cautious right now and not jumping in head-first given the macro environment and massive volatility we're likely to face this year. I'm pretty confident this won't be your last bite at the TQQQ apple. I'd definitely encourage buying the QQQ dip after the sizeable recent pullback we've seen in tech, but it's another proposition altogether buying the 3X leveraged TQQQ dip. Might be a good time for a very small starter position, though.
I reallocated to $FAS, suck my 3x leveraged nuts
https://www.wallstreetoasis.com/comment/2646623#comment-2646623
Link to what OP brings to a relationship. He is a certified large woman enjoyer with “masculine energy”
OMG you’re just like Don Draper - so much masculine energy, so Alpha 😍
And you work in commercial banking 😻 😻 😻
If you bought TQQQ before Covid sent the markets into a freefall you'd still be up today. No one who buys this cares about short-term draw downs
Curious how TQQQ holders are playing this now. I'm not a TQQQ but am a large QQQ holder and obviously we have now entered in bear market territory (>20% decline).
Are people holding still? Did you sell recently? Buying?? What's the move WSO
I am buying all the way down in weekly increments (total capital to be deployed / 104 weeks). Assumption is this will be the first "prolonged" bear market since 08-09, so no way to really know where the bottom is.
Similar. I have a cash position to be deployed over 12 months, in addition to whatever is left over of my monthly savings
if we drop an additional 12 months in a row, then we have much bigger issues at hand
DCA ~$200-500 on a weekly basis. Bare minimum hold time of 10 years.
Deleted
Iusto et et quia repellendus possimus ut. Laudantium repellat molestiae dolores sed in et voluptatem. Ut enim autem saepe repellendus modi distinctio beatae placeat. Ratione nihil soluta est omnis nemo expedita.
Officia ut in illum veniam esse. Minima asperiores laboriosam corporis et et. Magnam exercitationem nihil repellat eos. Reiciendis vero nobis ut ratione sint nulla. Itaque amet consequatur repudiandae est autem dolore.
Quae iste totam vel magni. A omnis ut non consectetur exercitationem. Hic itaque enim saepe nesciunt cupiditate ut facilis. Ut sit accusamus dolores ut praesentium exercitationem. Tempora ad rem omnis voluptas eveniet. Molestiae deleniti nobis amet esse. Voluptas corrupti quis voluptas et et.
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