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dpdude007 OP t1_j2cchwj wrote

Reply to comment by StimulusAndPrinter in How low did you go in 2022? by dpdude007

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

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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.

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