TQQQ
⚠️ TQQQ is presented as a highly volatile, leveraged ETF (3x the Nasdaq QQQ), suitable only for short-term trading with capital one is prepared to lose.
🧅 It’s dubbed the “onion index” because its sharp movements, both up and down (like 10% pre-market moves or 20% drops), can easily make traders emotional.
📉 Despite the warnings, the speaker initiates a small, short-term trade, emphasizing it’s not a long-term investment vehicle and requires careful risk management.
@marcosemmimfp:
“Here, the TQQQ seems like a good option. You look at it like this and say, ‘Ah well, but that has a lot to bounce back, man.’ This, from yesterday to today in pre-market, is up 10%. This makes you cry. Yes, this is the onion index. Why? Because when you peel it, it makes you cry, whether it’s up or down. Yes, here we are talking about a fall. This falls a little, and it drops 20%. It’s not the same as entering the normal QQQ. Yes, I’m telling you because there’s volatility here, and here, meaning if you go up, you go up 34%, and you do it like this in a couple of days. Okay? If you’re going to enter here, my recommendation is that you enter with less capital and with capital that you are willing to lose. $500, meaning $500, but you’re not going to lose $500, you’re going to lose, uh, 20 or 30% of $500. Yes? Or you’re going to lose basically, or you’re going to gain 20 or 30% of $500. Yes? It’s not an index to go long-term, it’s not an ETF for that, it doesn’t work like that, it shouldn’t be used that way, but well, you’ll see. I’ll leave it there for you to see what to do.”
Watch the exact part of the video where @marcosemmimfp talks about ProShares UltraPro QQQ here:
Watch the video on YouTube
Read more articles analyzing ProShares UltraPro QQQ (TQQQ) at the following link. TQQQ stock.
