Don't you *SIGH* me! Why not dump your QQQ in mid summer, wait for the inevitable election dip to pass, and get back in in 2021?
If I do the same as the poster, taking out a credit card loan of 25%, that would be $5200 monthly interest payment on a $250K loan. At best I am breaking even so I have to buy something that can go up a lot more. TQQQ?
I allocated some to TQQQ a few months ago ... but took some profits last week to fund a diagonal put spread as a hedge against the Fed decelerating its balance sheet expansion this spring.
so nobody took a mortgage, let alone a 2nd mortgage for the dip. it's true, you cannot force the horse to drink. free money but nobody wants it.
sigh.... you can sound philosophical all you want. problem is I only see less than a small handful 'elite traders' here who actually are reading the market correctly, in terms of WHAT IS GOING ON. there is nothing left to talk about. I showed how trading can be done; I showed how money can be made even if you don't want to bother with trading. gonna be focusing on playing video games from now on. like market is really boring once you do 'situational analysis' long enough and see everything crystal clear like I do.... everyday it's the same shit... yet 99.9% of the people are too blind to see.
fantastic it is all so clear to you. I took a different route. I have no idea what market will do nor do I care. All I care for my algos to take every valid trade. That is it.