anyone elses portfolio super down?

[Budge]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain

For lack of patience and short-term devastation I would add to the wild ride category - NUGT maybe. Or, in the time of volatility, a leverage vix etf.

[Yodean]

Or, in the time of volatility, a leverage vix etf.

VIX broke above 28 yesterday - usually, a VIX spike around or above the 28 - 30 range is a good time to buy assets. One of my minor triggers.

[Yodean]

*****

After forming a triple top of sorts, it's now in the process of "triple tapping" a bottom, potentially.

[xkosmox]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain

Thanks SOL, trying it out with a Jan 2023 450 call. Onwards

[scott]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain

Got me a ride on the TQQQ roller-coaster for $53.41

[Yodean]

*****

For the Nasdaq 100, in % terms.

[SOL]

Smart money is buying the dip this is the accumulation phase now they will be more volatility as they want to accumulate more and then an explosive move

FEAR PAYS VERY POORLY

Never give up today for tomorrow as tomorrow never comes, it is the day you promised you would change today, Instead, it becomes a loop of constant regret.

[AstuteShift]

This is absolute delight, the market is giving out goodies

Opportunity knocks rarely and it does not like being ignored

[Eric]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain

Thanks SOL, trying it out with a Jan 2023 450 call. Onwards

A $450 call on what?

[xkosmox]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain

Thanks SOL, trying it out with a Jan 2023 450 call. Onwards

A $450 call on what?

$450 call on QQQ (around 30% out of the money)
Also looking at an even smaller position in gold etf leap calls as well

[hooligan]

down 18% from prev portfolio high in december
lol ~

[Yodean]

down 18% from prev portfolio high in december
lol ~

Yeh, in nominal terms, down seven figures in about eight weeks or so - somewhat reminiscent of March '20 for me, in a lot of ways. The Yodean Portfolio reached an ATH in mid-November, 2021. Lol. Live by the Sword of Damocles, bleed by the same Sword.

A fantastic time to reduce one's attachment to the numbers in one's brokerage account. I focus on the current opportunity to accumulate a ton of assets at fair to low prices. I review all the reasons why I own these assets and not others.

I make sure every asset I own has some type of powerful trend (i.e. pendulum) behind it - if it doesn't, I sell it, or a portion, to buy others. At times like this, traditional technical analyses does not work very well, so I concentrate on the trends.

These are the moments when one may really learn about oneself as an investor and as a person, if one cares to look.

The Sea of Red will turn into a Field of Green, given enough time.

[bpcw]

I'm down around 25%!

I'm sure many of the stock plays are like tightened coiled springs right now waiting to spring to life, especially the tech ones!

Think we're in a bottoming process but cannot be certain there isn't a lower low first.

Bearish sentiment is the highest since Dec 2008!

[AstuteShift]

I’m in hell, but sipping some good whiskey with my pal Satan.

[jlhooter]

I’m in hell, but sipping some good whiskey with my pal Satan.

I'm down the hall from you. I saw you two snickering