Ken
On another note you have commented you dont understand my conservative options strategy which isn't complicated. You hold a number of leveraged ETFs. The reality is you are blindly playing options. It's all good when you are winning. If the SOXX holdings go completely sideways for a year you are even plus dividends. Just wait if out. SOXL is 3X leveraged and constantly buying those simple options you don't understand. They expire worthless every week and sideways is a loss. No crash required. The capital just bleeds away. Most leveraged ETFS just go away eventually. I believe SOXL will do fine for awhile. Don't be afraid to take profits along the way.
On another note you have commented you dont understand my conservative options strategy which isn't complicated. You hold a number of leveraged ETFs. The reality is you are blindly playing options. It's all good when you are winning. If the SOXX holdings go completely sideways for a year you are even plus dividends. Just wait if out. SOXL is 3X leveraged and constantly buying those simple options you don't understand. They expire worthless every week and sideways is a loss. No crash required. The capital just bleeds away. Most leveraged ETFS just go away eventually. I believe SOXL will do fine for awhile. Don't be afraid to take profits along the way.