03-31-2021, 06:29 AM
Yes some sort of drawdown criteria. Some will get in and out of leverage when it crosses the 200 DMA. That would keep you out of extreme trouble. You can buy and hold the underlying SOXX. It's a certainty it will see 30% drawdowns like any other index. Not a tragedy until that 30% down is tripled.
I know I am too bossy lol. You'll find the correct asset allocations over time. I just don't want you to kill your port between now and then. It's hard to imagine tech doesn't have some room to run this year. The major holdings in your ETFs anyway.
I know I am too bossy lol. You'll find the correct asset allocations over time. I just don't want you to kill your port between now and then. It's hard to imagine tech doesn't have some room to run this year. The major holdings in your ETFs anyway.