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Reply to "Stocks you’re buying with this insane tech rally."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Very clearly piling on, but how is that TRIPLE QQQ doing /facepalm. No sane individual investor should EVER use these products. And yes I'm the same poster who questioned it well before the drop. It's pure gambling[/quote] I had to lookup TQQQ. Why is is so bad? it’s doubled since march. [/quote] It's not an investment choice at all. It's 3x DAILY so it's intended for day trading/hedging. Retail investors who buy it, usually do it because they can't use real margin accounts and are woefully uninformed about it performs over any decent length of time. Also, using 3x leverage is just gambling behavior. Yes, it did just fine with the melt upwards, but with any volatility it's horrible. [/quote]
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