This is it.
TQQQ drops between 50-70% on major pull backs once over 2 years or more. We are now at the bottom of one. It is time to pull the trigger and buy in weekly for the next 1.5-2 months.
Long term support lines are perfect. Short term trend lines are lined up. We are in the pocket, set for a turn around.
Stop loss at 10% from today and goal is 160% however, it will likely surpass its previous high and my goal is low. Will let go of majority holdings at 150% gain from here.
Have a plan, stick to your plan. 10% loss on first buy in of 6-8 buys is small compared to 160% gain. We are sitting at a 1 to 16 risk to reward ratio if you can let some money sit for 1.5 years.
Cheers
TQQQ drops between 50-70% on major pull backs once over 2 years or more. We are now at the bottom of one. It is time to pull the trigger and buy in weekly for the next 1.5-2 months.
Long term support lines are perfect. Short term trend lines are lined up. We are in the pocket, set for a turn around.
Stop loss at 10% from today and goal is 160% however, it will likely surpass its previous high and my goal is low. Will let go of majority holdings at 150% gain from here.
Have a plan, stick to your plan. 10% loss on first buy in of 6-8 buys is small compared to 160% gain. We are sitting at a 1 to 16 risk to reward ratio if you can let some money sit for 1.5 years.
Cheers