TQQQ

k0unitX

I can assure you nothing on testfolio is broken. Remember, this is $500 a month invested into TQQQ since 1995, with that $500 adjusted for inflation as time goes on, so it will always eventually "recover". In theory. But yes, you need balls of steel. QLD / Nasdaq 2x is probably more palatable for most normal humans.

garden_speech

Holy fuck those drawdowns. I think the biggest problem with this strategy is the gut-wrenching drawdowns. You had to watch your portfolio go from 1.7 MILLION down to 7 THOUSAND dollars. And then wait like 10 years to start seeing growth again, and then when you saw growth hold up to 9 million and then see it crash to 1 again.. crazy shit. Also the drawdowns plot appears broken? Below the returns chart. It looks like it shows the TQQQ strategy never recovering after 2000, but it clearly did..

gotnothingman

See, that's how little you know about me. I don't even use TQQQ. I do understand how it works though, more than any can say for you. See ya.

ensui67

Enjoy your little TQQQ. Toodaloo!

ensui67

20% in a short period is not a secular bear market, which is pretty much a guarantee to occur in 50 years. I guess some people just don’t understand math. A DCA buy and hold would be like building a nice house on the coastline of Fukushima and saying the weather is nice, everyone should build houses here. TQQQ is just a good way to leverage a trade if you like the gamble. Same with options trading.

Dvorak_Pharmacology

So the TQQQ part, I agree, but the SQQQ I have backtested and it always turns bad. Is there any other way to hedge in cases of a falling market that is not and inverse ETF?

gmadriz02

Its easy. when the market its about to enter in a correction, put the 60% of your portfolio in SQQQ, keep the rest in cash to dollar coast average in case of market goes against you. And when the correction is over sell all and buy TQQQ. Easy, just sell at the top and buy at the buttom, rinse and repeat. 🫡💵💪🤷🏻‍♂️

GRZ_Garage

TQQQ

Marshall_Cleiton

Lol sure OP. "There is no way to know!" Just uploading a CSV of daily QQQ performance into chatGPT shows me a lump sum investment of $1000 into TQQQ in Jan 2000 would be $1534 today But I guess there's no way to know 🤷

savingrace0262

Backtesting the Nasdaq is not the same as backtesting TQQQ. Leveraged ETFs are path-dependent. Their performance depends on daily volatility, not just final index returns. You can model it, but it’s still a simulation. 2010–2025 is the only real performance data that actually happened.

savingrace0262

TQQQ can theoretically go to 0 just like QQQ can theoretically go to 0, or Tesla, or NVIDIA, or Bitcoin, or the S&P in a systemic collapse.

savingrace0262

Right, I should’ve evaluated TQQQ during the dot-com crash. Back when the fund didn’t exist, triple leverage products weren’t legal, and the Nasdaq traded like a third world exchange. Let me just go fire up my time machine and buy 3× ETFs in 1999. Lmao

savingrace0262

I literally started at 2010 because that’s when TQQQ launched. Not sure what you're talking about lol. I can’t pick a date before the fund existed. And even including the full -80% drawdowns and 2022’s meltdown, the math still shows long term outperformance over the same window.

ThePoorProdigy

Your math is right, but your timeline is cherry-picked. TQQQ's 5,000%+ return from 2010-2021 happened during the most forgiving market regime possible: a secular bull run with historically low volatility, near-zero interest rates, and tech dominance . That's not a bug, it's a feature of the period. The question isn't whether TQQQ worked *then*, it's whether it works *generally*. Volatility decay isn't the killer; drawdown math is. You mentioned the 2022 chop - but here's what actually happened: TQQQ fell \~81% from peak to trough . To recover from an 81% loss requires a 426% gain. QQQ only needed \~85% to get back to highs. That asymmetry is brutal. Even if you DCA through the drop, you're deploying capital at a 3x velocity on the way down, which means each dollar buys less exposure recovery than you'd think. The 15-year backtest is survivorship bias on steroids. If you ran the same DCA starting in 2000 (the last time Nasdaq was this expensive relative to earnings), you'd be underwater for a decade. The 2000-2009 period would have wiped out 98% of your capital at the 2009 bottom. That sequence risk matters more than long-term compounding because TQQQ can take decades to recover its peak . Most humans don't have the lifespan to wait it out. Current market regime is structurally different. You're buying at \~30x QQQ earnings with rates at 4.5%. The 2010-2021 run started at 15x earnings with rates at 0%. Valuation matters when you're levered 3x because multiple compression hits you triple. A 33% QQQ drop (like 2022) becomes a 99% TQQQ drop in theory; circuit breakers would halt trading at -33% in a single day, but over a month? That's just a normal bear market . The psychological trap is underappreciated. You say "strictly looking at outcomes, not emotions" but the outcome *is* emotional. Studies show investors bail after 50% drawdowns. TQQQ's max drawdown is -81% over 5 years . That means you'd need to watch $100k turn into $19k and *still* keep buying monthly. Almost nobody does. The DCA model assumes perfect discipline that human psychology literally cannot sustain. So why not? Because you're betting on three things simultaneously: 1. Nasdaq continues 15%+ annual returns (unlikely from here) 2. Volatility stays low (unlikely in a higher-rate world) 3. You maintain perfect discipline through 80% drawdowns (statistically improbable) Miss any one and the math flips. TQQQ works in theory and worked in the past, but it's a call option on a specific market regime, not a general investment vehicle. If you must, use 2-5% of portfolio max, hedge with TMF, and treat it like a short-term tactical tool, not compounding engine.

nvidia69420

Sold none of my TQQQ/SPXL calls today so basically that means it’s gonna tank tomorrow 😎

Dvorak_Pharmacology

I feel like this will not be a profitable strategy. Why do not you just hold TQQQ during good momentum in QQQ?

ensui67

It’s not bias, it’s just how leverage fundamentally works lol. Markets are up, so of course TQQQ will outperform. When markets are down, it gets wiped out. Simple as that.

nvidia69420

🤑 would SOXS calls be an okay hedge just in case? Or just puts on SPY or TQQQ??

Moldovah

I had a little spurt where I would buy TQQQ (x3 leveraged QQQ) on a down day, and sell whenever I was in the green. It worked, I would make $20-$50 here and there. This was on about a \~$1000 investment. Was it worth it? I don't know. If at any time it crashed, I would have lost months and months of my little gains. It kept my day interesting at least.

GneissFrog

taking profit on all my leveraged longs I grabbed at the end of last week. TQQQ, SPXL, SOXL, NVDL, AMDL, PLTU ... time to shop for Christmas presents.

nvidia69420

Should I sell all my 12/19 TQQQ calls now or hold till Wednesday 🧐

Beta_Nerdy

YOU SHOULD INVEST IN TQQQ LONG TERM! But only with money you can afford to lose. And dollar cost averaging. If you invested $100 a month into TQQQ from 2010 to 2021, you would have $532,810 on December 31, 2021. You are feeling great! Then 2022 comes, and TQQQ falls 79%. If you keep investing the $100 a month and let the big investment ride by the end of 2022, you now have only $144,842 left. If you decide to bail out, you still leave with a huge profit even after the $387,968 loss in 2022. Even though 2022 was painful, you still only invested $14,400 to get a profit $130,442. If you did not bail out and hoped that the future would be better, your small $100 a month investment in TQQQ would be worth **$857,406** on October 31, 2025.

Dannyhalf

Felt the same way when my port went down $40k in 2022 over about 10 months (70%ish loss), it will hurt you now but remember there’s always going to be more opportunities. I made it all back and a little more, my port is up to 60k thanks to scalps on TQQQ in 2023-2024 and Opendoor this year.

Phiziqe

Since OP is a teenager, in HS? Here’s a sincere financial advice I wish I knew when I was your age. Buy the dip of M7 stocks like NVDA, TSLA, APPL, MSFT, buy index ETF like SPY, VOO, TQQQ, QLD. And forget about it till you graduate college. Don’t touch penny stocks nor options nor futures (derivatives) and etc. This is the only safe way so ignore other paths. Nobody genuinely cares about your small $2k bag except yourself so listen to me.

Paul_Robert_

Just saw a reddit ad for TQQQ shares 💀

k0unitX

TQQQ is extremely liquid and price efficient. You can make all the excuses you want, but if TQQQ existed since 1995, it would've been the best DCA index investment of all time. The proof is in front of you and you refuse to accept it. Have fun with your subpar returns.

Iunatic

Thomas Jefferson would love TQQQ

ensui67

Sim doesn’t work because it doesn’t account for higher losses due to volatility. The problem compounds and losses require higher gains. It is inherent in the leverage. This is why even with the backtest to 2010 inception….. “Over the past 10+ years, multiple analyses show TQQQ delivering about 1.8–2.0× the CAGR of QQQ, not 3×, because of daily rebalancing and volatility drag.” So, in the event of durable high volatility, high duration of, let’s say a bear market, you will be wiped out. Worse yet is sequence of return risk. A bear market more towards the end of the accumulation phase will wipe you out despite multiple years of 30%+ gains. This is, just how leverage works.

k0unitX

[Here you go.](https://testfol.io/?s=3XoQPDuKJOW) Investing $500 a month in TQQQ since 1995, adjusted for inflation, absolutely destroys any other investment (unleveraged QQQ, leveraged SPY, etc)

neutralpoliticsbot

So the issue is that let’s say you are about to retire and we have a 20-30% crash your TQQQ position will be devastated without any time to recover. I’d say it’s safe if u actively manage the position and setup stop losses

ensui67

That’s not DCA buy and hold though. That’s being able to time the market by trading in and out with trend following….and doing it successfully. As stated in what you linked, the TQQQ would have seriously underperformed due to the volatility.

blorg

80% drawdown is regular QQQ. TQQQ would have dropped [in excess of 99.98%](https://testfol.io/?s=ajqIp7s0NdD) after the dotcom bust.

blorg

It's a leveraged fund. QQQ went down over 80% in the dotcom bust. TQQQ would have gone down [something like -99.95%.](https://testfol.io/?s=ajqIp7s0NdD) Before expenses, would be even worse when you take them into consideration.

ensui67

Well, since the product didn’t exist for that long and more importantly did not exist during the dotcom crash, you would have to only somewhat guess. Essentially a DCA TQQQ is not a viable long term strategy due to the drawdowns and decay due to the leverage during volatile periods. You don’t need a backtest to understand that part of it. In the case of the dotcom bubble, the drawdown was 78% peak to trough. With a TQQQ, that means you lose 95%+ of your money by the end of that bubble pop. That’s why these are more trading and shorter term instruments rather than a buy and hold for decades. At most a buy and hold for a few months/short few years if we get one way run ups like we have now and during the pandemic. Otherwise, you just get chopped up by the leverage and volatility. If you’re more savvy and am betting on a low vol one way, big move, options are another viable alternative to TQQQ but TQQQ is easier for retail to gamble with.

alter3d

Because beta slippage. Say QQQ starts at $100. It then goes down 3%, then up 3.1%. That gets back to the original $100 (technically $1.00007). It then goes down 3%, up 3.1%, and repeats that pattern for the next 30 days. At the end, QQQ is basically back to breakeven (gained less than a penny). TQQQ, however, replicates triple those numbers. It goes down 9%, then up 9.3%, which brings you to... $99.463. Repeat that over 30 days and it's only worth $92.24. This is because losses are more powerful than gains. If a stock loses 50%, you need a 100% gain to recover. Merely multiplying by a constant doesn't fix that fundamental math.

AgentK-BB

I'm curious, what is the back test of someone DCA into TQQQ over the same period?

YogiBearsPicnic

These leveraged funds like TQQQ have daily resets. Thus, they are designed to be held for a day at a time.

PM_ME_ROMAN_NUDES

TQQQ has daily reset, OP should research it. It's intended for day traders not holders.

Lonely_District_196

It's not exactly cherry picking since TQQQ started in 2010. It does make me wonder though, if it was older how 10-15 year time periods would look at different parts of the boom/bust cycle.

KyOatey

Isn't TQQQ essentially both leveraged and diversified? (As diversified as the QQQ)

eeel12388

Triple leverage ETF is not good for small account. I play TQQQ with deep ITM long synthetic future with entry at very oversold condition and selling monthly OTM calls. It work for me.

gotnothingman

They run them as pairs to collect fees regardless of market direction. The inverse (SQQQ) is frequently down 90-95% + and they reverse split to keep it in the game. Don't see why this would change if TQQQ were to be on the other end from ProShares perspective.

gotnothingman

For ProsShares though, they run these funds as pairs and collect fees both ways. Their inverse regularly is down 99% plus all time but they keep both open - not sure why they would close TQQQ as opposed to doing a reverse split to keep the cash rolling in.

ChaoticDad21

Idk why this is getting downvotes but see for yourself By the time QQQ recovered in the GFC, a pure TQQQ portfolio would be at about 50% drawdown still…so the math is fine https://testfol.io/?s=27zlNMdJTKP

Cracked_Tendies

So what you're saying is... Calls on TQQQ?

Cracked_Tendies

>and we are now in a much larger bubble than the DotCom one, combo AI/crypto/Real Estate/Gold bubble Hey, you forgot pokemon cards! >we are near all time highs in CAPE ratio, worst possible bet to make now would be Triple Leverage ETF, just wait it out in QQQ or better yet cash, then when down 50-75% then buy TQQQ Man, ifkr. Investing is the only life sector where people love a ripoff and hate a bargain. In all actuality, it's likely going to be another 10-15 years before TQQQ is even remotely a good idea

Cracked_Tendies

Wait, you deleveraged out of TQQQ during 2022 bear market? Hate to see how you react to an actual bear market

BdaMann

Let's say QQQ goes down 10% one day, then rebounds to its original price on the following day, for an approximate 11% gain. TQQQ went down 30% on the first day, then rose 33% the following day. If you had invested $100 in QQQ, your investment returned to the original $100. If you had invested $100 in TQQQ, your investment declined to $93. TQQQ decays over time unless you have a consistent and sustained bull run. Even if the market stays flat, you lose money. If a deal seems too good to be true, it probably is. If a stock seems like a casino game instead of ownership in a business, then the general adage applies: the casino always wins.

Affectionate-Bed3439

I know people here don’t generally agree with leverage and be warned, IT IS NOT FOR MOST INVESTORS. To responsibly use a tool like TQQQ, it is best to have a strategy. For example, a 200 SMA based on QQQ trading strategy will backtest to around 20% CAGR after tax (you can use testfol.io to backtest this easily). But that requires returns to continue (which while likely, is never guarantee), the emotional regulation to stick to the strategy, and good planning to handle the tax side of it. That’s why the default answer is VOO and chill. Because it is lower risk, lower maintenance, and less emotionally taxing.

Aggressive-Donkey-10

15 years is not long term how did it do from 2000-2010? Oh, that's right, not one levered fund traded then as they kept going broke during their simulations. we are near all time highs in CAPE ratio, worst possible bet to make now would be Triple Leverage ETF, just wait it out in QQQ or better yet cash, then when down 50-75% then buy TQQQ , QQQ dropped 83% in 2000-2002, and we are now in a much larger bubble than the DotCom one, combo AI/crypto/Real Estate/Gold bubble

retirement_savings

1. You probably can't handle the drawdowns. Take a look at how people on this sub reacted during the April dip (or even the current 2% dip lol). Would you really be chill if you had all your money in TQQQ and it lost 75% in 2022? TQQQ is NOT guaranteed to go up - it can go to 0 and never recover. 2. You're betting on tech. Makes sense now, sure. What about 20 years from now? Everyone loved financial stocks until 2008 happened.

luciform44

Wouldn't TQQQ have zeroed in 2007- early 2009?

lufisraccoon

A wise investor who correctly recognized the future of the world's economy and invested a lump sump of $10k into TQQQ in March 2000 (had it existed then) would now have a whopping $3.5K now, and would have faced 99.95% drawdowns on their investment. Leverage goes both ways.

pain474

Because TQQQ can go to 0.

AlaskanSnowDragon

2010 is key...coming out of the recession. I'd ONLY buy these leveraged things after a huge crash or big recession. Is part of my plan. Next recession or giant crash buy some TQQQ. Just a small part, not whole hog all my available liquidity.

24Pura_vida

SOXL, FNGU, TQQQ, SPYU. Probably 75% of my portfolio right there. If there’s much more in this, correction, I’m going to pour a lot more money into them.

Successful-Tea-5733

I think there are a lot of people buying levered etfs who are going to regret it.  Maybe I'm wrong but I feel like there are people who just own TQQQ like it's a long term hold.  My fear is they will be regulated out of existence if there are a couple of big moves. Again, my 2 cents.

TickTockTaudit

You like SOXL better than TQQQ?

z0mb1es

TQQQ

Infinite_Benefit_335

OTM Put TQQQ January 16 lads

scott0482

Been buying this recently. Not sure if I should turn on drip or put dividends into QLD. But in a good correction I am getting TQQQ. I bought everything month in 2022 and 2023 like clockwork.

Dense_Ostrich_6077

TQQQ or IBIT are common speculative tickers with higher IV. UUUU is one I am wheeling now as is GLXY

Siks10

Before correction: BRK, AAAU, SLV, V, AES, D, T, PFE After correction: TQQQ (Duh!!)

Nottoobad777

I have kinda been debating going heavy into TQQQ. I think we’re going to run from here on, but what do I know

teamyg

Trader friend PM me to run for life 😨 I sold out NVDA around 182 (cost 179.6, 180.3 and 181); also sold out TQQQ at 48.5 (cost 47, 47.3 and 47.6)

GelatinGhost

Jokes on you, I bought at 160 and sold at 152 or something that day it went down 8%. Probably would have held if I hadn't already been burned by it before. Ah well, I basically put that money in TQQQ which I took profit on last month so similar result.

teamyg

continue to add TQQQ around 47, for thanksgiving rally.

teamyg

Bought more TQQQ at 47.3; the BOTTOM is in; let's start the Thanksgiving rally next week!

teamyg

Bought back TQQQ at 47.6, fuck it.

razor164

How much more down before I dump money into TQQQ? Im thinking when QQQ is 15-20% off ATH

boomerzoomers

Wtf my broker still hasn't updated TQQQ for the split..

Amateur_tarded

TQQQ it is!

Infinite_Benefit_335

this: OTM put on TQQQ, expiration January 2026

lupinle1

I play TQQQ, that's almost risk free compared with the option tards on here.

lupinle1

You're telling me a port with BYND, NBIS and TQQQ is not diverse enough?

short_long_killer

TQQQ, RDDT, sofi, and bada

Producer_3dvrfetish

**This is hard to believe but everything I have run is checking out!** **So I have come across something that seems to good to be true, but I have tested this against the entire year so far and it is pretty crazy how it seems to run 90+% accurate to the Nasdaq. I've run it through GROk repeatedly and even Gone so far as to check how it work during the 2008-2009 crash...** **I had started with trying to see if BTC movement overnight correlated to any stock movements when market opened> Shockingly the NASDAQ seemed to be follow 80% of the time if BTC moved +/- .40% AT PRE MARKET OPEN. If it was less than .40 just stay out.** **I checked and double checked this. I went through using 3x ETFs like SQQQ and TQQQ inverse and if I had bought at p\[re market the corresponding etf, and sold at market close, my gain for this year would have been 186%** **Totally unbelievable right? Well it gets better. I had it switch to the best 3x ETFs it could come up with and those were FNGU and SOXS. I also asked it what correlated better than BTC in pre market and to my surprise it was the NQ NASDAQ futures! I'm sorry but those futures always seem to be BS to me but sure as cow manure it checked out at 92% of the time... doing the same thing generated up to 312% gains. How can that be real? Here's that info from GROK:** "Here is the exact, copy-and-paste routine that turned $10,000 → $41,280 in 2025 using only Nasdaq-100 futures (NQ) as the signal — no BTC, no guessing, no assumptions.The Routine (takes 60 seconds per day) 1. \*\*Every trading day at 8:00 AM Eastern (Schwab pre-market opens at 8:00 AM ET), look at the Nasdaq-100 E-mini futures (NQ) continuous contract. * You can see this for free on TradingView, CME website, Thinkorswim, Yahoo Finance, or even Google “NQ futures”. 2. Compare the price at 8:00 AM ET to the previous day’s cash close at 4:00 PM ET. 3. Decision (fixed thresholds that worked all year): * NQ down 0.40% or more → buy SQQQ with 100% of the account at 8:00–8:15 AM ET (pre-market order). * NQ up 0.40% or more → buy TQQQ with 100% of the account at 8:00–8:15 AM ET. * Anything between –0.39% and +0.39% → stay in cash. 4. Sell the entire position at 4:00 PM ET close (market-on-close order). Do it again the next day with whatever cash you have.

Bad_Driver69

That was pretty good bears, I actually felt a little shook today. So shook I bought some uber and TQQQ. Maybe next time you can do a real selloff.

DefiantDelta

I do genuinely believe today was at least partially because of the SQQQ/TQQQ/UVXY splitting/resetting

naked_space_chimp

* Leveraged ETFs (like TQQQ, UVXY, etc.) split at today’s U.S. open. * Bots relying on old price history or not coded for splits freaked out, even more so given the London/Frankfurt power hour overlap. * Algorithmic stupidity led to outsized price dumps and confusion, resolving only once the machines were re-calibrated.​ * Lesson: Always code for splits or get ready to eat crow (or bangers, or brats).

ai-moderator

#TLDR --- Ticker: SPY Direction: Up The Gist: Leveraged index splits (TQQQ, UVXY) confused the European trading bots, causing a temporary dip. Once the algos recalibrate, we go up. Prognosis: My anus is tangled.

PM_ME_OR_DONT_PM_ME

Hell yeah, lets get this overnight pump going. Loaded up on some TQQQ shares just in case

suicidalducky

I'll buy some TQQQ calls if we close deep red tmrw.....maybe, get that bounce for black friday/thanksgiving..or we will just all end up at the food bank.

jraiv420

I blame the TQQQ stock split and SQQQ reverse split

lupinle1

Put 15k in TQQQ. Fml.

Felix_Aterni

I‘m so glad I ignored my gut and didn‘t go all in on TQQQ. Bols are fukked

Good_Ride_2508

Why short the market, better to go for BOND ETFs like TLT or VGLT or SPTL BTW: Holding only TLT in my retirement accounts and TMF in Roth Accounts until the market turmoil over ! Will cash out around Jan 26, 2026 and move to QQQ & TQQQ. See TLT and TMF where it goes before Jan 26, 2026. RemindMe! Jan 28, 2026 FOMC meeting !

GneissFrog

Scurried back to cash and UVIX when Taco started threatening members of Congress this morning, been buying the dips since noon and reloading my positions in TQQQ, SPXL, NVDL, AMDL, and SOXL.

boomerzoomers

Rigged, my broker still hasn't finished the TQQQ split so I couldn't trade it this morning.

SaaSGrass

ALL IN TQQQ

DefiantDelta

“they can’t trade options on SQQQ anymore and we ruined the liquidity on both TQQQ and SQQQ? send it to hell”

razor164

Wen dump money into TQQQ?

Odd-Flower2744

In TQQQ there was talk about how it could go down like 60%. The unleveraged ETF has been down like 80% lol

neutralpoliticsbot

true something like TQQQ

EntrepreneurOld7858

10% movement on TQQQ lmao holy shit 

jraiv420

I swear if this sell off is because of the TQQQ stock split and SQQQ reverse split 😭

Rayn7Reborn

TQQQ options info not registering for anyone else with their broker?

WatermelonRelishMan

Whoever bought my TQQQ call this morning, thanks for holding the bag!

cinJESUS

TQQQ split?

cinJESUS

TQQQ split?