Same as before. Prolonged VXN > 30, and I exit. I waited about a week the last time I sold. Volatility decay is nasty. I’ve already more than doubled my initial purchase.It's still nuts. If you are continuing to add funds, less nuts, but still nuts.
Pray for excellent timing on your exit.
I assume you've seen a simulation of TQQQ for the full length of QQQ's history. I personally don't see that happening again...but it gives you an idea of recovery time (20+ years). For me there is a hard rule for TQQQ...one must have a reserve to refill the tank and a plan for when to refill the tank.
Statistics: Posted by rockstar — Thu May 23, 2024 12:16 am — Replies 379 — Views 107589