Reddit Posts
Tomorrow’s play TQQQ 400 60 puts (4/11) and TSLA 280 puts (4/11)
TQQQ 2/2 59c position already making moves before tomorrow’s announcements
Leveraged ETF’s am i just not understanding something?
Sold $1,900,000 of TQQQ at open of Jan 2024
1256 - Reporting unrealized losses for Covered Calls that remain open?
Anyone in the know about Mission Square retirement(MSQ)?
$1k->$1Million in a Year. Month 1, Week 1
If I'm bullish on the future what's the point in holding VOO? Shouldn't I just get TQQQ and hold long term?
30 year old. What's got the greatest possible potential for returns? TQQQ?
What should I understand about futures contract expiration dates when using futures for long-term leverage?
Honestly, all fun and games asides.. anyone else staying calm and holding their TQQQ/QQQ Options?
TQQQ is more suitable for shorter term active trading as it seeks 3x the returns for QQQ.
Is There Something Wrong with Yahoo! Finance?
TQQQ 10 year return is 1,822%. 10 Year NASDAQ is 258%. I though holding levered funds long term was bad????
How over past 10 yrs has TQQQ returned 20X vs QQQ of 5X ?
How does 3x ETF like SOXL and TQQQ work? What are the hidden costs behind the so-called 3x leverage?
what's the point of tlt if it's just as volatile as stocks
Most people would be fine trading just tqqq and sqqq
A Real World Experiment with ChatGPT-generated portfolios – An Update
A Real World Experiment with ChatGPT-generated portfolios – An Update
i got BLUE BALLS because the market isn't crashing
$EPAZ Drone Subsidiary ZenaDrone Secures Funding
Why is TQQQ / UPRO not considered a good long term investment?
If the market always goes up, why not only buy TQQQ and leveraged market funds instead of SPY
Criticize my buying puts till assignment then selling covered calls strategy?
TQQQ 200k all-in. Hello darkness, my old friend
REgards! Below but Average joe here. This is the first time I am asking advice on what to do with my money here. My CC's just gave me loans.
Can a person invest in SQQQ and TQQQ, using trailing stop losses, to come out ahead in the market?
Anyone here successfully "timed the market" in last 10+ years by trusting Fed? I'd appreciate thoughts of successful investors/traders
Does option pricing reflect the drag and volatility leveraged ETFs?
Question about short covering and selling puts
Ameritrade is claiming I missed a $70k run up last week
Is it possible for a broker to not be able to cover short mark?
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Does using a CSP for entry into a stock really make sense?
Are these break-even prices good enough to hold until expiration?
Roast or toast my options strategy, a collar with a leveraged twist
It ain't much but it's honest work...
What I do seems pretty basic and simple… what should I work on or studying, to gain a better edge?
Some good ol' ETF investing. +$400K on TQQQ
Partially Filled lots on same order counted as different tax lots - Robinhood
Mentions
But why SPXL? At this rate, might as well bet bigger, TQQQ or SOXL.
You see how my account grew so far ! [https://imgur.com/sEuGjJS](https://imgur.com/sEuGjJS) I just bought TQQQ,SOXL and few calls by Friday close, wait and see what happens on Monday ! A big bull run !
Solo quiero intentar ayudar si lees este comentario, no sé qué tan abajo esté tu cuenta pero mejor tomar la pérdida de meta y le daría más tiempo a Msft rollear a 2 años, mismo strike de expiración para que se recupere sé que no es la mejor opción, y te puede salir caro. Lo otro es tomar pérdidas si tú cuenta aún tiene un saldo decente e irte de lleno con una accion de tu preferencia, call strike itm, si puedes delta 70/80 pero siempre a 2 años para que le des respiro al mercado y te puedas recuperar. (V, MA,) buenas opciones. Como están las cosas si está caída es una verdadera recesión y la burbuja de ia se confirma, estamos perdidos todos, pero ahora no estoy abriendo opciones a menos de 2 años para que el theta no me coma y darle tiempo al mercado para que respire estoy con un caso similar con UBER y TQQQ pero están a 2 años delta 80 cada uno, solo hago call leaps que es mi estrategia principal completada con otra. Que Dios te bendiga hermano.
It’s almost tempting to buy a shit ton of TQQQ shares
SSO, TQQQ, and GDMN. Learn to swing
FOMO bad. SQQQ rarely works out well. Unless your jump in and out with great timing. Look at long term chart I tripled my investment in 2022 drop in TQQQ and doubled my investment last year. It is not a product for people who don’t know what they are doing. I don’t think we have dropped enough to go all in. But might start my prior DCA strategy of buying more every time the price drops $1. Guarantees buying some at bottom.
Just be careful of FOMO which is what your hinting towards. Obviously with the right stocks chosen even now you can make returns long term. But if you want to make the most of your money then right now is still too soon unless you pick the correct things to invest in. You mentioned earlier investing in TQQQ which would be rather dangerous right now. SQQQ would be a better option. At the moment blue chip stocks in oil and gas is where I am currently. With a large portion of cash I’m holding on the sidelines waiting. Like you say- you can’t time the market. But right now it’s better to hold off as there’s plenty of more pain to come.
TQQQ won't trace QQQ in a volatile market due to daily rebalancing
I went all in (up to my gambling limit) last April 4 on TQQQ. Starting to get trigger happy again.
Sold a TQQQ put when the VIX went over 30. I bought MSFT a little early, but \*shrug\*. I got it at a good price, and if you wait for a perfect price, you'll be waiting forever.
I shouldn't have dumped half my port into TQQQ on Wed.
TQQQ recovered because markets exhibit positive drift over time. A 20% drop in the Q's would not have TQQQ liquidated and closed immediately. Its clear you do not really understand these products, so what exactly are we doing here?
But you literally said, that TQQQ recovered from a 35% 1Y decline in QQQ. If it was a single day crash, TQQQ would have liquidated and closed immediately.
No Prob... and that would be SQQQ(-3x) Nasdaq100. Now that's the stuff I play with. Put QQQ, TQQQ & SQQQ on 1 year chart together. And then think of a Midget, see anything weird?
You guys gotta look at the TQQQ sub it’s either oh no IT fAlLinG fUkk or it’s gonna go below 20 and den imma load up n b rich m GENIuS
Options and expiration change the calculus for sure, although my comment was more in relation to delisting. Although in 2022 QQQ dropped 35% and TQQQ did eventually recover. Even before TQQQ broke its ATH, if you started DCAing into it at the peak in 2021, in less than 3 years that simple strategy performed better than the same in QQQ (tqqq dropped almost 80% in 2022).
You don't need a 33% drop and a closure of the ETF to get fucked, though. A 20% drop would be also virtually unrecoverable for an ETF like TQQQ (in time for the option to hit break-even underlying price before expiration).
Good catch, for some reason I thought TQQQ was a -3x leveraged ETF , but yeah as you said, it's not. Deleted my original comment to not spread confusion.
Thanks, thought you meant TQQQ calls like OP
!banbet TQQQ 50 7d
Give an example of the strike price and expiration date please Looks like the only TQQQ calls priced at $0.01 would be far OTM and/or a few days from expiration?
Likely to assign 8K of TQQQ shares @$39
Buying SQQQ and SPXU, once things start to look somewhat better will buy TQQQ. It's important to remember the war in Iran is just one component. Economic data is not looking good.
TQQQ LEAPS after SPY loses the 200 SMA is basically leverage on leverage with a time premium tax. If you need a miracle just to get back to breakeven, the position size is already doing the talking.
Continue to add TQQQ at 38.7, buy low sell high.
In general you can make more educated decisions by buying into specific companies -- yes. I'm a fan of TQQQ / leveraged ETFs tho as the bet being made isn't on any specific company, but rather "The USA is probably going to recover and be fine". QQQ & SPY won't stay down for a long time - but while oil remains elevated / continues to climb equities are going to continue to get hammered. The oil problem will be addressed eventually (if the war drags on too long, we'll get it from other places / start producing more) \--- Basically - imo the problem is really "oil is too expensive". How long does that take to address / solve? Once people realize that there is a light at the end of the tunnel is when markets jump
Fair enough. It really depends on who is hit and who launched it. A nuke launched at \*any country\* would likely trigger WW3. Theroeticals aside - yes - it would be an absurd / unheard of drop. I find it incredibly unlikely & we're all probably fine. I kind of like OPs idea -- but it's too early to buy into TQQQ imo. Historically these bear cycles last for 6-9 months before bottoming & we're not even 2 months into this one. I'm also buying back into TQQQ (maybe even calls on it like he's done), but I'm waiting at least a few more weeks
I picked the perfect time on Wed to dump half my port into TQQQ.
I’m loading up on TQQQ the second this war is over
I'm watching TQQQ but I still think it's too early. I may start buying under 35 and go all the way to 25
LEAPS on TQQQ. I like it. I've been selling CSP on TQQQ at $35, 30, and 25 so no wsb fame for me... but at least i'm farming premium and tossing that into SSO on the way down.
TQQQ leaps right after SPY dipped below 200 SMA?...It's a bold strategy
Still laughing at the guy who had his entire 401k filled with TQQQ
Eh I was holding TQQQ to the bottom last time. This is like a joke in comparison
Added more TQQQ around 39.6, what a deal.
every day we are down, buying 500$ more of TQQQ
Bought more TQQQ around 40.1, TACO stopped working?
Zero sense. PSQ is an exact opposite of TQQQ in 1x form. You mean QQQ or QLD!
If I trade TQQQ in taxable and Roth ( not as wash sale ) why permanent write off?
This ( not zero DTE ) GDX , SLV , USO , TQQQ Cheap etf’s high premiums for now.
If I bought qqq today it would take 10% to get back to ATH. Also i mostly buy and sell TQQQ and SOXL. The taxes I have to pay are drastically less than how much Id be down if I sat through the pullback. I saved myself a good 50k by selling, which means I'll make considerably more this year when we head back up.
Where’s that TQQQ and chill guy
Jokes on them I have TQQQ puts
The normies in the TQQQ sub are panicking
Bought some TQQQ at 41.6, support line reached; a bounce is ahead.
I am long TQQQ and it’s not working
TQQQ holders starting to panic
Yes. And people look at a long-term chart of TQQQ and think "well, isn't this obviously the best investment?" They have no idea about anchoring bias. Yes, if you buy and hold TQQQ during a prolonged tech bull market, you will do very well. But how do you know that's going to happen? Or even if you timed the entry correctly? Fun fact: If you bought TQQQ at basically any point from March 21-April 22 and held this entire time, you're STILL underperforming QQQ 5 years later.
I'm late to this thread but if you don't mind answering anyways: it seems like almost any long duration I put in the backtest link you sent (even from 2021 to today for example), I still get really good returns. Obviously it can be lower than putting in QQQ in the 2021-2026 example I gave, but it still gave a 47% cumulative return (vs 67% in QQQ). I'm not cherry picking, I'm just looking for reasons why this is so unrecommended in this thread. So why wouldn't it be a good idea to long TQQQ? Is it because of interest rates during when it goes sideways (is that in the backtest you gave)? Is it because if I'm not patient enough I'll do worse than QQQ? I'm genuinely curious and also only planning to invest what I'm willing to lose.
TQQQ leaps is a terrible idea. There’s a cost to carry and the 3x leverage resets every day. It’s designed for a short term hold. If you’re that bullish then simple QQQ is a better way to go. This post is retarded anyway because we’re all fucked.
Okay first off, i sold you a bunch of those. Enjoy bagholding them LMAOOOOO Second, actually show the TQQQ calls
buying the dip now with calls on TQQQ is more regarded than buying puts ngl
The fusion/AI power combo is wild to think about, like we're literally watching sci-fi become reality in real time. Your TQQQ play is bold but I get it - if this tech convergence hits like you're saying, there gonna be some serious upside Been eyeing some similar positions myself, the amount of capital flowing into innovation right now is insane
#TLDR --- **Ticker:** TQQQ **Direction:** Up / Parabolic 🚀 **Prognosis:** 100% All-in on Jan '27 Long Calls **Vibe:** Weaponized tech hopium and "infinite productivity" **Bear Status:** Left behind in cash with their spreadsheets while retail rides a steel fortress to the moon
Hmm... you might consider PSQ instead, also not meant for super long term holding, but you won't get wrecked nearly as quickly as with TQQQ. To be clear, even with PSQ, long term holding will still wreck you via volatility decay, just a little more slowly :)
Wrong, TQQQ can lose up to 100% in a bear market and not recover ever. Every leveraged ETF can go to zero, and given enough time and volatility, they all will even when the market will eventually go up. It’s not just QQQ which can see large drawdowns and eventually recover. Go check out what 3x ETFs for oil prices look like…notice how most of them are all made since 2020? It’s because every single one of them wiped out completely due to the Covid volatility. Same with almost every other 3x ETF.
Most high leveraged ETFs have to get reset every few years since they go to zero so often. Goes to show how well QQQ has done that TQQQ is one that has survived to not do that, but it’s still just a matter of time before it hits a downturn and then trades sideways for 3 years and wipes out all value.
You don’t understand how to succeed in leveraged ETFs. You only invest in them for a day or a week strongly knowing the prices will rise before selling off. If TQQQ drops 10%, it would need about 11.1% to get back to its original value If the index drops 10%, TQQQ drops about 30%. And to recover from a 30% loss, it needs about 42.9% gain, not 30%. You need to understand that losses are magnified daily and many days of losses creates an insurmountable recovery. Leverage funds are not investments at all so don’t fall into the trap.
30% in a 3x leveraged ETF for 30 years is different than what most people mean by "high risk tolerance".. TQQQ has volatility decay that can absolutely wreck you in longer downturns - look at what happened from late 2021 through 2022, it lost like 80% and took forever to recover. Here's a breakdown of your 70/30 idea: [https://www.insightfol.io/en/portfolios/report/1b0dbf23e7/](https://www.insightfol.io/en/portfolios/report/1b0dbf23e7/) look at the sector concentration specifically (tech) and i didn't even mention the missing geographical diversification yet...
I also shorted the QQQ through TQQQ https://preview.redd.it/op710rma2arg1.jpeg?width=1320&format=pjpg&auto=webp&s=455c77e174d110f5a211562ca244cb5526d765a0 Let’s see how that turns out. EXPIRY: 4/2/26
$tqqq for the longterm goes against the purpose of $tqqq which is a heavily leveraged play. since youre not investing, youre gambling, you have to ask yourself whether the odds are better at the $TQQQ table or at the blackjack table. if you lose your bet at blackjack, you go home and youre back at work on Monday when $TQQQ crashes, how long will it stay down? a month? a year? two+ years? and how long will it take to get back the lost money? now imagine that you are ready to retire but you never quite got the money back and then it tanks again. damned shame
70/30 is extremely aggressive for a 30-year hold. TQQQ can lose up to 85% in a bear market. Keep it at 90/10 and taper it over time. Good luck.
You were downvoted but weren't told why. TQQQ isn't meant to hold long term.
You think you have a high risk tolerance now. What happens in 5 years when we get a correction and your TQQQ falls by 75%? Will you have a high risk tolerance then?
Hi. I think this is an aggressive, growth-maximizing strategy that aligns with your high risk tolerance— but it comes with real caveats that could bite hard over 30 years. You’re not wrong to chase maximum upside, and the glide path you described (starting heavy on TQQQ and dialing it down over time, e.g., toward 85/15 by year 15) is actually one of the smarter parts of the plan. It mimics a leveraged version of a target-date glide path: front-load the rocket fuel while you’re young and can recover from crashes, then de-risk as you age. Goodluck!
If I had just DCA'd into TQQQ since I started working I would be a millionaire. But at least I have all these fun stories about trading
Patiently waiting to fullport TQQQ when the technicals support it and close my acct for 10 years
This is probably the wildest trade I've seen. I think you would need TQQQ to be above $77 to breakeven with little to no down days. I hope this prints for you somehow.
TQQQ was selling at $57+ just two months ago. You'll be fine.
LEAPs, yes, I agree… Dailies and weeklies I have crushed it using TSLL, SQQQ, TQQQ, BITX, ETHU, and even METU
I’ve seen some stupid shit, this takes the cake. Leaps on TQQQ…
I guess the reason I am too stubborn to give up and just do the ETF thing is just that I want to do better than that. Yea I know that's naive but I have always had this feeling inside me that I could be doing more. Buying VOO would've been great in 2022 but I look at what I missed out on and say that's not worth it. I'd rather buy something like Microsoft or Google on some severe panic selloff than buy index funds at the top. But then I look at my account and it's down. I just don't know what the right move is. I'm not trying to gamble like I know not to buy OTC garbage and really only stick to large cap established names. That's what carries the indexes so why doesn't it work out for me? I guess that's why there's professionals for this stuff. I have no choice but to hold I guess. I took some slight losses so I can buy more MSFT but I'm not feeling good. I really hope one day I get to look back on this and laugh because I was patient and the money finally grew but that seems more and more like a delusional daydream than reality with stuff like this war continuing to happen. I wish I learned about this stuff earlier. I spent my entire college years and early adulthood thinking investing was for Wall Street finance types only, not realizing I was missing out on easy gains. I still think about how I didn't buy TQQQ at the bottom in 2022 when I thought I should buy stupidly also thought it would go lower, I didn't know anything at the time but I did understand that negative years for the S&P were rare. Had I just acted on that instinct 4 years ago now I would be living a much better and different life. One that is stress free and I would actually feel good about myself for once. The fact have never made money investing even though I've been doing it for years makes me feel like such an inadequate piece of garbage honestly. Like I'm some idiot who just doesn't get what everyone else does.
Lots of folks clowning this and it’s definitely dumb to spend $120k on TQQQ LEAPs when you can achieve the same exposure with much better liquidity on QQQ LEAPs. But you have time on this so idt it’s totally stupid
No...it literally does not. "Fine" in the sense you can literally buy and sell an option? Sure... But sounds like you also should read up on why it doesn't make sense. Options pricing formula accounts for the leverage volatility. You are gaining nothing by trading TQQQ options instead of QQQ; the underlying is leveraged, the options account for that. What you do lose is the liquidity offered on QQQ options, or the tax advantage of NDX. There is no benefit of options on TQQQ.
Gold you fat fuck how do you behave like TQQQ only when dumping go up you lardarse
so you bought when the TQQQ was almost at the top and thought it was the bottom? this is even more regarded
pre workout is gods gift to earth 🌏 who gives a shit about markets just all in TQQQ pussy
I bought it ATM when TQQQ was higher
Reported for posting fake shit. No one's riturded enough to buy long options on TQQQ
“Covid, tariffs, Iran war, whatever the headline is. Same fear, different day, everyone’s got a crystal ball calling the next bottom or the next 30% drop.” That can be construed as ignore the news, I.e. headline. Look I get it. But I have sold prior to COVID. Nobody had fear back then except me and a few folks with scientific minds understanding what R factor means for a virus. Then the fear occurred and I bought into the dip. So I get buying into high fear dips too. I’m 47. So I did buy a house and have 2. Your post history shows you like to swing trade. I just find it interesting that now you proclaim some general investment advice when your TQQQ history sort of shows off the rails investing. Good luck to you and your decisions. I also will buy into max fear situations. I just don’t agree with your arguments of calling any headline “fear”. Did you make money in 22? Or did you ignore that drawdown?
Everything coming up Milhouse today. Sold TQQQ near 2% up, bought SPY puts about 1.9% up, and those puts up almost 200% in last hour.
Utter bullshit. No talks have been held according to Iran. Another TACO trade to follow. I got assigned TQQQ last Friday and have calls to sell them by Friday. Perfect taco trade again.
You’re too late atp. Buy TQQQ if you must
Just put it in QQQ or buy TQQQ you regard
Damn I put 15k into the TQQQ on friday I hope it was already in my portfolio because it’s 8% PRE MARKET LMAOOOO
Sorry to hear :( . I've been largely cash gang (\~90%) since mid feb. I'm so fucking tempted to start buying back soon... thinking of averaging into TQQQ soon.
Gold and TQQQ is my whole portfolio
Gold you fucking donkey you’re supposed to be a hedge not TQQQ
Absolutely no way. TQQQ and chill
Haven't looked at TQQQ / it's price yet. I've been cash gang since spy was mid 680s. It's not low enough for me yet... within the next \~1-3 months I'll start a position. This war & oil prices are going to last for a while. Effects are 6-12+ months. Markets are forward looking by 3-6 months. So I gotta frontrun both of those events... probably in 3-4 weeks I start tbh.
Honestly kinda excited. We gonna full port TQQQ in the next few months. Thanks for the tendies everyone
A \~15% drop on QQQ warrants a full port into TQQQ. Literally cannot go tits up. My DD was my brother went into cash - that was good enough for me. Sold and chilled. It's quite a bit lower than where I sold. Yeep. I have no need to go super degen - buffer is large enough I don't care much. Degen shit is fun / profitable in perma bull markets. As soon as that fails I stop playing.
Cash gang here too for safety. Also just messing with some etfs. But with all the madness it's been a bit choppy. True on the TQQQ. And I hear ya. Sometimes its just better to take a break.