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Triple leveraged drawdown selling rule
#41
For anyone new reading this thread, I ultimately abandoned the set sell points for the triple-leveraged funds. What I found happened was that the STOP sales worked; got me out of the stock, but then I wasn't able to get back in for the big run-up that followed. Instead, I simply abandoned the ETFs I couldn't trust. The ones I find trustworthy are:
  • CURE
  • DDM
  • DFEN
  • DRN
  • FAS
  • RETL
  • SOXL
  • SPXL
  • TECL
  • TQQQ
  • WEBL

When I say trust, I mean for typical (non-pandemic) drawdowns, they bounce back quickly. It's noteworthy that DFEN and DRN, for instance, still haven't come close to reaching the prices they were at pre-covid, though they've been steady risers since then. All the others are at or near all-time highs.
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Messages In This Thread
Triple leveraged drawdown selling rule - by vbin - 04-01-2021, 05:24 AM
Triple leveraged drawdown selling rule - by vbin - 04-06-2021, 12:43 PM
Triple leveraged drawdown selling rule - by vbin - 04-06-2021, 12:48 PM
RE: Triple leveraged drawdown selling rule - by ken-do-nim - 06-30-2021, 12:10 PM



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