😉My 2024 Buys For Market Bottoms🪨+Lessons From 2023📚: A Must-Read For Newbies

2023 has been a wonderful year of learning and experimentation for me🤓 & I’m happy to share my research and profit-making buys in 2023 with fellow 🐯🐯🐯 Let us grow our wealth together in 2024🥳💵🤝💵🥳

In 2022, I was 🥇 of the rare few writers who shared about the 3X leveraged ETFs TQQQ & SOXL when they were not as popular in the 🐯 community. Feel free to search for my introductory articles on these 2 stocks below to learn more about these 2 ETFs🤓

I’m glad that many 🐯🐯🐯 have since learnt about these 2 wonderful profit-making opportunities & used it as a trading tool🥰 For newbies who don’t know how effective TQQQ & SOXL can be at generating returns, here’s a preview😉😃

The All-⏰-High & 52-Week-High for TQQQ is above $85 & $52.01 respectively, & its historical performance is as follows:

The All-⏰-High & 52-Week-High for SOXL is close to $70 & $32.78 respectively, & its historical performance is as follows:

In 2022, I traded TQQQ & SOXL & a few other 3X leveraged ETFs (SQQQ, SOXS, UPRO) intra-day, but it was too time-consuming😵‍💫 & wayyy too tiring🥱 so in 2023, I decided to experiment holding them for increasingly longer periods of ⏰ & the results were ABSOLUTELY FANTABULOUS with OVER 80-100% profits as shown above🥳🥳🥳

📕Lesson 1 ➡️ Contrary to advice I’ve found on the internet that leveraged ETFs are better for intra-day trading, I’ve learnt that they can be held for weeks & months for a short-trade or a medium trade with good profitability🧐😉 I'm happy to share with fellow 🐯🐯🐯🐯 that I've done the risky part for you by experimenting & you can reap the benefits from my testing😉🥰

2024 when Market Bottoms🪨 ➡️ I’ll add more shares of $Nasdaq100 Bull 3X ETF(TQQQ)$ $Semiconductor Bull 3X Shares(SOXL)$ 

☀️Little Miss Sunshine Special Tip 1🤫:

⭐️⭐️⭐️ For newbies starting out to trade leveraged ETFs & aren’t good at timing your entry, only buy 🐂 leveraged ETFs‼️

💭Investing Rationale💭 ➡️ You can keep averaging down to get a better cost price & wait for the market to turn 🐂-ish & reap a better profit❣️All you need is patience😉 Market is known to be 🐂🐂🐂-ish longer that it’s 🐻🐻-ish.

This is an example of why you shouldn’t buy a 🐻 ETF, especially if you have a weak💔 For me, my investment amount is what I’m prepared to lose💸 (& you should be too‼️ Never invest what you can’t afford to lose🚨) so I’m 👌 to hold SPXU for 454 days with a paper loss & collect dividends to wait till the 🐻🐻🐻 come out to play🤭

☀️Little Miss Sunshine Special Tip 2🤫:

⭐️⭐️⭐️ For SOXL, $14+ is when I’ll add a lot more shares & I’ll sell bit by bit to profit-take💵😃💵

💭Investing Rationale💭 ➡️ With the AI🤖 boom, chips are a must-have $NVIDIA Corp(NVDA)$  $Advanced Micro Devices(AMD)$ for tech-related companies $Apple(AAPL)$  so SOXL will be a safe investment😉 All you need to consider is your buy & sell price. Buy low when the market bleeds🩸, sell high when the market is 🚀🚀🚀🌕

📗Lesson 2 ➡️ The issuers of these leveraged ETFs can close the ETFs due to limited interest🚨 which means that you may be at risk of losing all your capital just like if a stock was delisted‼️ Some leveraged ETFs are less safe than others, so do take the necessary precautions to check if the leveraged ETF you're interested to invest in has:

(1) a high trading volume 

(2) a sufficiently long trading history 

(3) the ability to weather storms☔️⛈️🌊🌪️

(4) an ETF issuer that's reliable 

Do also regularly read 📰🗞️ & updates of your leveraged ETF holdings & also letters✉️✉️ from the ETF issuers🕵🏻‍♀️🕵🏻‍♂️👩🏻‍💻👨🏻‍💻 Below is an example of pass leveraged ETFs that had been delisted.

Wishing all 🐯🐯🐯 a Blessed & Prosperous 2024🧧🧧

Please help to click on the “Like👍” & “Share/Repost⤴️” buttons at the Bottom Right corner so that more 🐯🐯🐯 can access my research & sharing on leveraged ETFs. Many thanks🤗🥰 You will Greatly Encourage Me❣️

As usual-🤔💭 Consider POV & Actions of Investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

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