Question: how do TQQQ and SQQQ work? Can their value go down to zero?
SQQQ NOW
Brody Jones
Hunter Collins
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
Charles Kelly
LOL U R FUCKIN DUMB
DO YOU EVEN FUCKING KNOW WHAT DAILY COMPOUNDING LEVERAGE IS LMAO
FUCK U R FUKIN STUPID AS FUCK
Jace Jones
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?
Eli Rogers
They pay back the bank daily with like 0.02% interest so the bank makes money which is the opposite of going bankrupt?.....
Blake Torres
>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
Landon Robinson
>biz thinks this is the happening
Time to go long
Alexander Hill
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
Kayden Richardson
This. Waiting on the SPX to bang its head on the 50 EMA before shorting it to hell again
Ayden Collins
>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.