Due to it's nature, tripple leveraged products usually grind lower and lower by design, so this is anything but full proof. However, as the market likes the top companies in US collectively, the past decade, on retrospect, it's obviously worked. If things continue trending this same way, this can work for us. The red line is profit taking (not shorting!!) and the green line is regaining positions. This is swing trading. It takes a lot of patience, because you may be waiting for years between taking any actions, which can be nice at the same time. Complementary techniques to this are to use sma 50 and 200 day, waiting for death/golden cross and using large time scale RSI to identify bullish and bearish divergences.
This has worked in the past also for the tripple leveraged FAANG products such as FNGU.
Not financial advice. Educational purpose and subjective to future market conditions.
This has worked in the past also for the tripple leveraged FAANG products such as FNGU.
Not financial advice. Educational purpose and subjective to future market conditions.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.