Leveraged ETFs - such as TQQQ - in a SIPP

Discussion in 'ETFs' started by ACUK, Jan 15, 2021.

  1. ACUK

    ACUK

    Hi - it may be a bit off-topic, but is anyone here trading TQQQ and other lev ETFs in a SIPP?

    I live in the UK and trade US stocks in my SIPP pension.

    TQQQ is not allowed, and my SIPP administrator wont grant access.

    Just wondering if anyone else has got round this?

    Many thanks :)
     
    murray t turtle likes this.
  2. Not for EU, UK customers available (IB account). As like many others ETFs like QQQ, SPY, POT (IB account).
    I know that IG offers leveraged CFDs of TQQQ, SQQQ etc.
     
  3. birdman

    birdman

    I sometimes trade TQQQ (traded SQQQ today) in my retirement account. I'm in USA and use Ameritrade.
     
  4. %%
    LAST 4 weeks TQQQ has done 8% /but its tricky to trade/has such sharp peaks + valleys/so they maybe doing you a favor.
    QQQ + QLD can make more money=less drawdowns. That happened with SPY compared to SPXS, much of the year,also................................................................
    Can you do solar etfs /clean energy etfs// They have better % gain and less drawdowns, than TQQQ, in last MARCH sell off also.:caution::caution::caution::caution::caution::caution:
     
    birdman likes this.
  5. ACUK

    ACUK

    Thanks murray.

    How do QQQ+QLD make more money?
     
    murray t turtle likes this.
  6. %%
    1] Dividends
    And unless the TQQQ trend is nearly perfect;.
    the sharp narrow/spike uptrends\ its simply to easy to lose money.
    JAN does tend to be a super strong month;
    Anything could happen this wild week/LOL. Someone gave me a can of sardines. BUT its sardines in water/ ''them sardines are for trading [exchanging] ''LOL
    I like salmon or the hickory smoked sardines packed in oil-them sardines are for eating or trading..........................................................................................................:D:D:D:D:D:D:D
     
    easymon1 likes this.