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Wednesday, September 02, 2020 2:53:47 PM
This is why SQQQ suffers from contango over time when QQQ's move in the opposite direction, however, it can also be an advantage when the trend is in-line as with TQQQ which is up over 300% since March. During this same time QQQ's are up about 78%.
I don't need investment lessons from you, been doing this for a long time and made a lot of money in March. I am setting up for another downturn. When the time is right I will pile into SPY and QQQ Puts like I did in March. In the meantime I am happy picking away at SQQQ a little each day
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