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Re: farooq post# 19458

Thursday, 09/13/2018 9:51:04 AM

Thursday, September 13, 2018 9:51:04 AM

Post# of 31123
The reason I gave you the larger number is because I always think in terms of a 1X investment. I only trade 3x funds to conserve capital and to let me investest over 100% level without using margin.

So if I invest 100% of my capital in TQQQ, I know I am invested at 300%. In the case we talked about, yes you are right if I buy 10K shares that is only $676K, but it is no different than buying $2M of QQQ. You are leveraged 300%.

Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal

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