10-29-2021, 04:15 PM
> And Buying a 3X real-estate fund when we are close to a bubble and a market high is a bad mistake.
What's done can be easily undone. I do appreciate the perspective.
> Instead of buying these 3x leverage funds maybe you should be averaging down in COF, DFS and others your down in to get your average down. Just my 2 sense lol
Yeah, fair point. I hadn't intended on putting more money into COF, but DFS is only a starter position anyway.
> I own SOXL so I am all for it going to the moon, but I cant get overly excited you do Big Grin I have it in 2 accounts. One I don't touch and the other I trade and buy at $34 and sell at $48. Rinse and repeat. Back to $34 in 4 weeks Big Grin
I've thought about trying to detect such patterns; I can see doing that for instance with NAIL, buy at $66 sell at $82. I haven't had the nerve to try it yet. SOXL has yo-yo'd this year but it's going to take off and not look back sooner or later.
What's done can be easily undone. I do appreciate the perspective.
> Instead of buying these 3x leverage funds maybe you should be averaging down in COF, DFS and others your down in to get your average down. Just my 2 sense lol
Yeah, fair point. I hadn't intended on putting more money into COF, but DFS is only a starter position anyway.
> I own SOXL so I am all for it going to the moon, but I cant get overly excited you do Big Grin I have it in 2 accounts. One I don't touch and the other I trade and buy at $34 and sell at $48. Rinse and repeat. Back to $34 in 4 weeks Big Grin
I've thought about trying to detect such patterns; I can see doing that for instance with NAIL, buy at $66 sell at $82. I haven't had the nerve to try it yet. SOXL has yo-yo'd this year but it's going to take off and not look back sooner or later.