SPXL
Direxion Daily S&P500® Bull 3X Shares
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Boring $4,000,000 gain with triple-leveraged SPXL. I told WSB 6mo ago I would sell at $3.1m, am glad I TACO'ed.
My mom's retirement money all in on SPXL
UPRO $432 YOLO, avg 99.16, stop at 105: poor man's 3x SPY trade
5.5 years to become a profitable gambler
Opening SPY Positions Today after Selling All QQQ on 12/31 to Avoid Wash Sale
I may have just nuked 11 years of savings in the last few minutes before close
I am a Quant Trader and here I am to save you time from trading EMAs for long term
Boring $3.1 million gain with SPXL. Selling now, I'm glad this is over with.
How the Stock Market Really Works: From a Crypto Trader Quantitative Savant
Canadian-Listed 3× ETFs Now Trading
After selling UVIX and buying the dip with SPXL/TQQQ, I am now a millionaire.
For those truly interested in leveraged investing, this insight is worth careful consideration.
What to do when run out of free cash and uncertain markets
I all-in'd and held 400k in UVIX for 6 months. I finally sold.
Feels good to bet big and get it right. Let's goooooo 😎
Our AI Predicted the SPX 10% Drop—Here’s How It Made 100% Gains (and What’s Next)
I just discovered SPXL (3x leveraged spy). What stops you from trading this?
Backtesting the 3x leverage ETF on the S&P 500 with a monthly investment of 500 dollars!
What is the downside of investing in an S&P500 ETF that provides you with 3X Shares?
SPXS: Sold SPXL and bought SPXS at $13.45. Market Pullback next week?
Dynamic SNP500 Allocation based on Moving Averages - Almost beat the market?
We are about to see a massive bullrun with tomorrows Fed interest rate announcemnt. BUY CALLS
Why don’t people suggest leveraged ETFs for long term growth?
What to Buy If I'm Expecting a Crash?
Wash Sales-What makes an equity a "significantly similar security" to brokerage or IRS
If S&P return with dividend reinvestment 1970-2021 is 17.87% average, what kind of return does a day trader need to get to beat buy + hold?
Do I cut my losses with 3x bull SPXL, or stick with it?
Is something like 3x bull $SPXL ETF an almost sure shot buy right now?
Leveraged ETF discussion $TQQQ $SPXL etc.
Should I keep or sell Lattice Semiconductor? - (LSCC)
Is there a margin/cash requirement for a 3x leveraged ETF?
Can someone please ELI5 leveraged ETFs like SPXL?
Opinions on Building Retirement Portfolio
Capturing Alpha following the $TSLA trade listed earlier
Do most leveraged ETF’s just cease to exist after each crash?
Would it be crazy to assume the next 40 year returns on say the S&P 500 will be the same as the past 40 years?
Most Leveraged ETF for quick capital gains
SPXL. $70,000 to $2,070,000. I've held this position for almost 12yrs. I'd like to thank John Maynard Keynes, Congress and the last three Fed chairs for a decade of unchecked budget deficits and helicopter money.
I've held SPXL for almost 12yrs. $70,000 to $2,070,000. I want to thank John Maynard Keynes, a gridlocked Congress and the last three Fed chairs, I appreciate the decade-plus of shameless deficit spending and endless helicopter money.
MARA LEAPS or SPXL LEAPS? Planning to sell weekly cc on both as the leap as the underlying
Is there any reason I shouldn’t expect an average +15% return annually from $SPXL (or similar) over the next 30-40 years?
SPXL in taxable for long term hold, thoughts?
Mentions
hey, if you’re “time‑timing” a bottom and want a 12‑month hold, futures give you the cleanest exposure to a 2x‑like payoff without the daily decay that kills TQQQ over months. the only downsides are the quarterly roll cost and the margin call risk if the market stalls. if you hate managing rolls or want a buy‑and‑hold feel, you could look at a 2x S&P 500 LETF (SPXL, SPXS up or down) instead of the Nasdaq‑100 TQQQ, but keep in mind the same decay logic still applies. so for a long‑ish horizon, futures is your safest bet; for a more hands‑off play, a leveraged S&P fund is a closer analogue to TQQQ but with the same caveats.
I understand. My plan was to take the day off, because I had a good week and didn't want to ruin it. I ended up trading SPXL anyway. Made $65, woohoo! - basically nothing. I don't care, because I reached my weekly gain objective already (over $3K) by Thurday. There's no incentive to take on adverse risk if you are making money. Sometimes, when everything looks sketchy, the best approach is to keep your capital safe and trade nothing at all. Take a day off, touch grass, perhaps even study the charts (if you're addicted like me) - but, you don't *need* to trade. Today was one of those days, imho.
It's triple leveraged china. Think SPXL, but china instead of USA. If china recovers at all (it's gotta... right?) - YINN is going up 3-5x+
No risk: SGOV (3.6% annually, ties inflation) Low risk: VT (is a bet on the world economy, which I personally wouldn't participate in) Medium risk: SPYM/VOO (bet on America) High risk: SPMO, QQQM (bet on profitability of AI/tech sector) Crazy risk: QLD, SPUU (huge short term bet on tech/America) Genuinely do not do this: TQQQ, SPXL (yoloing everything and you would lose it all in a crash)
Buy the potentially undervalued companies in the low median side as a diversification strategy? Pace calls on the non AI/Space stocks sitting above the median but below the AI/Space companies since this may indicated high performance? Shitpost and yolo on on SPXL?
Half of them lost money, half of them made money. Same YTD return as SPXL.
Humorously enough, that was likely caused, in part, by me. I was dumping some SPY and SPXL that I picked up in the early morning session. I kept changing the limit until the orders filled. When there's not much liquidity, it's possible to manipulate the bid-ask spreads in your favor. Eager buyers and sellers will often compromise, especially if you make it look like there's some strong directional movement. https://preview.redd.it/g0mb94y5wqrh1.png?width=2892&format=png&auto=webp&s=467dad358d1baa4fbe1699a8510b8ffa16b87133
Guys since the 12month after mid term spy have 95% chance of going up 10-14% why can’t I just buy **SPXL 3x spy for the free 30% return in 1 year ?**
idk man the s&p is up 10.7% since november 2025 but my SPXL holding, which i've been DCAing is a 3x leveraged etf and is up 26.1%
Bols should definitely go all in on SPXL to prove the bers wrong.
Do not sell covered calls against your leveraged ETF unless you’re totally okay letting them go. I’m have some cash sitting around waiting for SPY to hit weekly oversold condition. Once it does I’m buying SOXL, Tqqq, SPXL, UPRO, LABU, FAS, RAM, DFEN
30% SPXL and 70% cash? Are you regarded?
Feeling pretty good about my 30% SPXL share position, 70% cash Just doing to slowly buy the dip and hopefully flip on the next ATH rip
Grabbed some USO Jan puts and SPXL shares I think 🥭 gives up before the midterms and we get one more ATH before we rug for a bit
not gonna lie but that's gotta take some balls. if I had $500k, I would just put every dollar in SPXL (3x spy) without margin and hold for like 3-4 years to double my return to $1 million
It's definitely doable. I did really well just continuously buying and holding BRK and SPXL during that time frame. I also held a bit of NVDA, AMD, and GOOG that I started selling off in the last few years. I had no overarching thesis for that investment strategy beyond just buying what I knew and used. I also wasn't burned, like many were, from the aftermath of the Great Recession, so I was willing to be aggressive with investing and dollar-cost averaging.
Ok all in $SPXL should get a bounce here
no confidence imo if XRP sees 3+ again that'd be cool but, I have no reason to believe it will id rather just take the loss and throw it in a mix of leaps and 3x etfs honestly in this market we have right now, slow stacking TQQQ/SPXL has been a move and a half. probably reset around the next presidential elections but, while the markets on easy mode, might aswell just dca those. I've had some good luck with TQQQ lately, waiting for 90+ to trim half my stack and reset
Some of these LETFs can experience crazy drawdowns quite quickly. The losses get amplified as do the gains. A 50% drawdown in many common LETFs (TQQQ, SPXL, SOXL etc) probably happens once per year.
Hedge funds spend billions just to lose to SPXL long term.
SPY SPXL XOP XLC and Amazon around 2020. Then lost a bunch in 22-23 following tips from some dude on twitter but was buoyed by WM and NVDA and COIN. Lately, 24-25, it’s been QQQ, VOO and VXUS.
Ive got SPXS and SPXL in a small range, any move more than 0.5 tomorrow will be good for me
Yeah I'm in shares of SPXL expecting a retest of at least 772-775 by eow
> SPXL I have some money in leveraged ETF's as well, but that's the perfect example of why it's hard to beat the market. It's been good *so far*, but one black swan event could tank my leveraged ETF's by 90%, and put my overall performance below the S&P. I'm under no illusion, I have these types of higher-risk investments as a hobby, more akin to gambling than what I would call a strategy, and size the positions accordingly. Tons of strategies can beat the market in the short term. Just ask Cathy Wood. The real challenge is beating it in the long term.
If you’re talking active day traders I’m sure you’re right I believe buy-and-hold consistently outperforms them though. While I can beleive most retail B&H investors do underperform I find it hard to beleive that group is anywhere near the 97% underperformance rate of day trading though And what determines that anyway? For example 40% of my portfolio is individual stocks while 60% is funds. But some of those funds are leveraged Am I a day trader? Am I an index investor? I outperform the S&P most years but that isn’t a function of much besides SPXL and a few heavy hitting individual companies like GOOG and AMZN.
So, you obviously have no IDEA about what you are doing. SPXL YTD +35%. That's the security for the clueless
A target is just that, a target, not a guarantee. If you are comfortable with that risk exposure, more power to you. Just keep in mind the leverage works both ways. It is also worth mentioning, from 8/13/21 through 3/27/26, the SP500 outreturned SPXL ~53% to ~44%. Playing with leveraged ETFs does not guarantee consistent outperformance in the long-term.
What's the one ETF that is good for 0dte but settles cash? it's SPXL/S ? Asking for a friend of course.
Hey, what's the one ETF that is good for 0dte but settles cash? it's SPXL/S ?
I sold my SPXL and bout TQQQ with the cash. IThe spy has been outperforming, but usually if one posts an ATH, the other will be a catch up trade.
Curious why you have not sold the 4M SPXL port even with your 2M cash? Seems to contradict your belief the end is near?? Or Perhaps u r waiting to hit a magic number (5M? 6?8?10?) before u sell , if so care to tell us more about your hypothesis what’s going to happen next?
Holding a substantial position in SPXL. Considering selling some to free up cash to out a fill order for SOXL in at 120
Same. I know you're holding tqqq which did really well today. I'm hold SPXL, which is 3x lev SPY, just in case this market wants to keep rotating. But I'm with you. I think this mornings failed attempt at a,selloff should attract large orders. I'm actually thinking about straight buying AMD. That chart looks really good
Starting short position on $SPXL here
For the past 5 years SPXL has ourperformed SPY...
Deep breaths in through your nose, try to fill up your tummy and slow exhale through your mouth. Then put on some music and take out a reverse mortgage and get 8x overnight leverage from some sketchy broker and go all in on SPXL or SPY
I've held and DCA'd into SPXL almost continuously over the last sixteen years. I've done that across multiple brokerage accounts. It's been a bumpy ride. I've managed to almost completely sidestep the major downturns due to happenstance, though, which has helped preserve many of the gains.
But low sell high That why the guy who survived SPXL bought it at 2009 bottom
Replaced some SPXL for TQQQ. This shit aint dying
I'm comparing the cost of two different strategies - LETFS vs Margin. You seem to be implying that LETF investors also pay interest on top of the expense ratio. This is not my understanding. e.g. this is from the prospectus for SPXL - "The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.81% for SPXL and 0.92% for SPXS." The Net Expense Ratio is listed elsewhere in the prospectus as 0.84%. So the delta is only 0.03%. Please explain if you know more. In comparison, Schwab is charging \~11% interest on margin. There is a reason the LETFs exist. Otherwise folks would do exactly what you are suggesting.
15k in TQQQ and 15k in SPXL for effective 90k exposure to both indices. FuK yEa
Yeah this wasn’t really my intention. I was trying to scalp at SPXL put 2 min till close and the market order filled me down 40% immediately
My fucking retarded ass was trying to scalp a SPXL 7/2 262.5 p but it filled me with an absolutely terrible position immediately 800$ down 2 minutes to close. Now I’m riding it out
If TQQQ and SPXL return to ATH, ill still be down 2k from Googl/Amzn bastards
If you're trying to beat the SPY why not buy SPXL? Even if you had bought the top of the market right before the covid crash you'd still be up 250% today.
Hi new to the market friend told me to buy SPX index fund. Found SPXL that looks good bought some. Is SOXL like SPXL? I can buy some of that too.
Ah, I dont know much about those tickers. I got a mix of SPXL/TQQQ/GGLL/AMZU/NFLX/PLTR/META 13k of margin rn. Prolly will sell some options to open up that margin a bit and buy more shares of shit. Goodluck brother, if youre in shares and believe in those companies, just dont sell the dip please. It always bounces back and you know it. Think of it this way - if theres a profit at the end of a few red days, its worth holding through right?
Buying SPXL or TQQQ after a big red day is like the easiest trade ever.
Ight im down 1100 holding TQQQ/SPXL/AVGO/GGLL/AMZU/SPCX/AMD
During Covid I sold some of my VOO and QQQ and instantly bought SSO, SPXL, QLD and TQQQ. Rode it way up and way down into the bear of 2022 which was a gut-wrenching ride. I bought more in Dec 2022 and have’t looked back. This isn’t for the risk averse for sure. But it can be a roadmap for anyone to deal with dramatic downturns. I’d just recommend selling the leveraged etfs once you’ve recovered if you can’t sleep at night taking that much risk (SOXL was another great one bought during the tariff tumult surrounding liberation day, currently up 14x)
yall are so fucken sped I was spamming this chat all the last 2 weeks to keep buying the dip. Look where we at. TQQQ 68 --> 84 SPXL 246 --> 278 BTFD!!!! BERS NEVER WIN!
21k --> 27k this week. holding TQQQ, SPXL, AMZU, GGLL, IBM, AVGO, NVDA, INTU
Hopefully. I’m holding way too much SPXL, that was supposed to be a quick flip. Forgot to sell Friday evening, like a proper WSB’s retard
Buy SPXL. Make more money.
raise your hand if diamond-handed your SOXL/TQQQ/SPXL position because you knew the dump was fake and gay anyways
slow drip into SPXL or TQQQ - about 30$ per day until it runs out
Why not both? If you're more bullish on tech then higher allocation towards QQQM. Also check this post and put some in SPXL and TQQQ: https://www.reddit.com/r/wallstreetbets/s/WdzhQNf4JZ
"I'll just park these $400k profits in $SPXL till I come up with a new play. I mean what's it gonna do, -10% in a day?" -yours truly
Check out SPYU 4x leveraged spy. It’s so leveraged to the tits it has barely outperformed SPXL 3x on an insane up year
I know I’m 10 days late, but why’d you pick SPXL over UPRO?
This. DCA weekly into SPXL.
In a bull market all it takes is leverage. Take out 1.2x leverage and you win 20% more. Just look at SPXL vs SPY. SPXL is up 173% in 5 years and SPY is up 77%
Even in bear times one can buy calls on $SPXL
People pussyfooting around what it means to be “aggressive” in long term investing I’ve been holding SPXL, TECL, and SOXL for well over 5 years Only way I could be more aggressive is if I bought them on margin
Should I buy $SPXL rn for monday? Will monday be green?
I belong here. I bought some SPXL yesterday
Working a 9-to-5 after grad school and collecting a paycheck. I didn't even start saving and investing first, I just threw everything left from my first paychecks at the student debt until I was back to zero. Worked the first decade building a nest egg and living frugally, with small trades on the side learning from my mistakes. Ultimately reached $1,000,000 net worth doing that. One million means I can get certified as an accredited investor under SEC regulations, meaning the door opened to private equity and private commercial real estate investments. Gains from that, my taxable stock portfolio and my ongoing paycheck have just kept stacking after that. I retired about seven years ago and I now just live on the dividends. This SPXL position pays me about $30,000 a year in dividends.
Take a look at the all time chart on SPXL, it's been a wild ass ride. Hasn't been good on my long-term health holding this so long.
wats so hard about cycling in and out? sure you take less profit (IF) it rips but, it’s menial, and you have a self-rebalancing aspect? I scaled out of my larger TQQQ/SPXL positions, and just running a couple cheap calls to offset the possibility of further upside and losing that profit. if i’m wrong, profits were taken and losses become menial.
If you are using leveraged ETFs, at least compare yourself with the leveraged SP500 no? SPXL/UPRO. SPXL is up 105% over the past 2 years -> You generated no alpha
For 5 percent just put it in KORU and SPXL or KEEX oe MUU for a week or two, jeez. Momentum is real.
You‘re missing valuable leverage on the S&P. Add in SPXL as well
SPXL 270s were only 3$, let's see if this is a good lotto
If you like money, choose SPXL over VOO
Do I hold these SPXL calls like a regard or sell at open
If we have red day tomorrow and monday in loading up on SPXL calls
At your age I would consider buying SPX (or ETF equivalent) and SSO, maybe half and half. I don't think SPXL is a good idea personally. Basically hold the SPX until 10 years before retirement and then move 10-15% of it annually into bonds or something less risky until you're about 50% SPX and 50% conservative item. The SSO you hold for at least 15 years, but if there is a crash you have to add 5, 10, or 15 more years to it. Basically with the leveraged one the key is just to get out of it at some point when you're up after 15 years or some other relatively long time. You could hold it longer but I think this is a good approach. Or you could just skip the SSO and do SPX, but I think 2x leverage or less is basically OK.
Which is weird because im seeing options for next week on SPY dirt cheap, SPXL calls for 45$ next friday?? Dont mind if I do if this wants to keep running
Update. Based on a simple back test of VIX levels it’s slightly more profitable to hold SPXL. Still working on a solution
Why would you need ChatGPT for that? The data is on Yahoo, for free. You can check it without worrying about AI hallucinations and you can get an idea if you have a reasonable chance of executing the trades. I created and back tested my own strategy using long and short 3x ETFs several years ago and I started using it in 2022. On paper, back tested to December 2010, my strategy was giving 110% annual returns and making a trade once every 10 - 40 months. In reality, I have something around a 50% CAGR since then. But, I will say, you have to have the stomach for a 50% draw down. It is guaranteed to happen a lot. And just in the last year I went short and had it go against me, as the underlying just kept going up. If you're starting with $5,000 and have a job, you can go all in on a strategy like that initially, but, it doesn't take long before it just isn't comfortable and you have to keep a large portion in something very stable. You can do very well and sleep better at night by skipping the short side and just using SPXL and sitting in cash without going short. It's an option.
Right! I'm holding TQQQ and SPXL to the moon!
I wish that my wife and I can make as much as you and your wife. Really good financial situation you are in right now. If you are in doubt about of the market. You can put a little for say $250 a month into the auto invest account. I put to a leveraged ETFs like SPXL TQQQ, SOXL, but you can put to regular ETFs. I put $50 a week to my account since 2019 and I got $35000 gain from my total investment of $15000.
SPXL when s&p500 is at ATH, gg man
Why stop there? An ATM call on SPXL expiring Jan 27 is $40. That's basically 500x leverage on SPY. Go full regard
Probably do this with your money and not your moms. There is nothing wrong with LETFs if you have a game plan. I have my Roth in leveraged strategy but it’s not 100% 3x equity. The people crying about decay don’t understand they just parrot back what they hear. Yes it stonks trade sideways for decades you’ll lose money. At the end of the day stonks do always go up, so as long as you size and hedge appropriately, you can properly manage it. 100% SPXL is a little too risk on for me. And I definitely wouldn’t bet my mom’s retirement on it.
Buy: SPXL. Borrow: All that money from your mom. Die: Hope that she dies before she finds out how dissappainting you are.
Or TQQQ/SPXL/FNGU the last decade
SPXL resets leverage daily, so it’s not as bad as holding a typical leveraged etf long term
SPXL is even more fun, it is 3X.
Isn't SPXL 2x? Maybe a few days, not weeks 🤣
I like SPXL but I feel like we need to come back to earth a little first before a longer run. Very extended currently
I used chat GPT to backtest a strategy using SPXL with a VIX and crude oil based possible flip to SPXL. I think the flip is going to be where money is lost but maybe base the sell of SPXL on it and come back in a day or two later when markets start to settle. We’re gonna see the results of it.