Submitted by dpdude007 t3_zzdqbo in wallstreetbets
yao97ming t1_j2b69kb wrote
Position?
dpdude007 OP t1_j2b6sz8 wrote
Majority in $schd. Wheeling on $tqqq
StimulusAndPrinter t1_j2c005k wrote
$SCHD is down 3% for the year. Not to rub it in, just saying, keep it and resist the temptation of doing stupid shit.
dpdude007 OP t1_j2cchwj wrote
It’s my $tqqq position that is hurting. Got assigned 3700 shares at $34.50 and it’s been down hill since then. I’ve been selling options on it can’t offset that downward death spiral
StimulusAndPrinter t1_j2cnc7r wrote
$tqqq is a 2x leveraged fund. Wouldnt touch leveraged funds with a 10-foot pole. Most important lesson I learnt in all my investing life is that leveraged men sell at the bottom.
dpdude007 OP t1_j2du3f8 wrote
Don’t sell and enjoy the ride
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