SQQQ NOW

Question: how do TQQQ and SQQQ work? Can their value go down to zero?

When the bear market really begins to unfold, I imagine many of the triple leveraged ETFs like TQQQ, UDOW and SPXL will get delisted just like XIV did. It only takes a 33% correction to floor these things. Remember that the mathematics of loss will always be against you

LOL U R FUCKIN DUMB
DO YOU EVEN FUCKING KNOW WHAT DAILY COMPOUNDING LEVERAGE IS LMAO
FUCK U R FUKIN STUPID AS FUCK

I mean, how can a leveraged 3x bullish indicator be maintained over several decades if it returns three times more than its highest returning asset? If it borrows large sums of money to do this, can't the issuing organization go bankwupt if interest rates rise enough?

They pay back the bank daily with like 0.02% interest so the bank makes money which is the opposite of going bankrupt?.....

>he doesn’t know that a 50% drop requires a 100% upside move to just break even
>he bought the TQQQ meme in late September when some retards on /smg/ were shilling it
>they never returned

Attached: 2ABB7BC7-C79D-4C3F-BD5E-4C1C5AE828BD.jpg (288x325, 32K)

>biz thinks this is the happening
Time to go long

Hey retard
remember when you said
>It only takes a 33% correction to floor these things.
Stop pretending like you know what you're talking about. And the 50% drop requiring 100% raise is true for everything

This. Waiting on the SPX to bang its head on the 50 EMA before shorting it to hell again

>he doesn’t know that a 50% drop requires a 100% upside move to just break even
This is why percentages are horrible. We should be measuring stock price changes in decibell.

3 dB means you double or halve the value. 10 dB means it goes up or down by a factor of 10. Etc etc. Very convenient.

You sound like a real uppity wagie. Are you practicing to be the hotel bag bitch with your portfolio when it all unravels?

Try explaining that on /smg/ lol

I never understood why these are not long term holdable. i feel like a brainlet, please someone explain why its bad to hold leveraged etfs for the long term as long as they are going your way?

Because as soon as the market enters some kind of sideways moving chop zone, the downwards moves cause your losses to rack up more than your gains. For example, let’s say you gain 1 percent on one day and lose a percent the next. You’re at a net 99.9% now, not at even. With leverage, this phenomenon is exaggerated further due to the multiplier on them

>Jow Forums can't understand the concept of leverage

why am I not surprised.

makes sense. so you're ok as long as the medium-term momentum is in your favor?

The amount of people on /smg/ shilling TQQQ as the holy grail of investing was unreal in September. October came around and suddenly everyone forgot about it entirely

>Watch for the CBOE total put/call ratio (PCCE on TradingView) to hit 0.55 and go all in on SQQQ.
what is this measuring and how does it relate to SQQQ?

In THIS market, only the short term momentum. During a bull market, by all means, hold this thing. Look how it went up between the start of 2015 and 2017 compared to its benchmark, QQQ. Then, appreciate the rapid shredding of its value just in the past months

The CBOE total put/call ratio measures people’s general sentiment. You use it as a contrarian indicator. If the ratio is over 1.6, that shows extreme bearishness as everyone is piling into put options. The financial institutions that issue these AKA ‘smart money’ make sure the options expire worthless. This is a statistical fact that the vast majority of options die like this. Basically the same institutions that issue the options then begin to pump the market in the opposite direction to ensure nobody exercises them

My dad had some of this shit back in late september and I posted about it here. I think he got back into it.

Jesus Christ. RIP to that investment

You are just gambling tho. You should be accumulating right now, provided you have a job. This is your 2009. Totally serious.

I'm talking about SQQQ. He timed it perfectly on that first big green dick bag then and got out. I didn't talk to him if he was in on this pump, but he's been short at least since the end of summer.

fucking thank you for this user. have a gif

Attached: 1544826972362.gif (234x250, 3M)

Ill buy the bottom

>not using FNGD

this, we havn't even begun.
were you around when 08 happened?

I was not around why

then you are in for a ride buddy. your digits confirm

Attached: 1545421907119.jpg (1200x867, 374K)

Someone answer this

SQQQ isnt a coin. its an etf. it shorts the NASDAQ with 3X leverage and settles/resets each day.

> Open a robinhood brokerage account or any other brokerage account.
> Buy SQQQ
> Nasdaq goes down 1% in a day
> Enjoy your 3% gains today desu!

"Quantitative Tightening". You idiots realize they're going to sell off assets strategically to avoid more implosions. The 20% sell-off is as good as it will gets, you've mostly missed the boat on inverse ETF pumping. anyone buying into the SQQQ meme now is losing their money to the Fed who will delete it or add it to their next QE slush fund.

You'll see one or two more "big days" with regards to swings in market pricing, presumably tomorrow or the 1st and whenever the Gov't reopens and we get all of the past due economic data.

At this point you're safer playing the VIX ETFs and shorting the dollar rather than the any of the index ETFs, inverse of otherwise.

Don't do this.

>At this point you're safer playing the VIX ETFs and shorting the dollar rather than the any of the index ETFs

Long term that is.

>when you see a chart that makes you salivate uncontrollably

You’re welcome

If I understand correctly, you're saying that a ratio of 0.5 is bullish, so the institutions will shift the market to bearish and then you invest in SQQQ because it gives you 3x gains on a bearish market?

Correct.

youtube.com/watch?v=pbMJIG2HRYQ&t=1544s

Watch from 21:30