$Proshares Ultra QQQ ETF(QLD)$
Still riding $ProShares Ultra QQQ ETF $QLD and it’s sitting in profit right now 📈
For those who don’t know QLD: it’s 2x daily leverage on the Nasdaq-100. So QQQ moves 1%, QLD moves ∼2%. That means the gains stack fast when tech runs… but the drawdowns hit harder too. It’s not a “set and forget” ETF unless you’ve got ice in your veins.
I started DCA’ing QLD back in late 2024 through all the volatility. 99 transactions, 401 days later, and the thesis is playing out. Tech + AI momentum has been carrying Nasdaq, and QLD’s leverage has amplified that move in my portfolio.
I haven’t locked in profits yet because my plan was always longer-term and I’m letting winners run with a trailing stop in mind. Lesson I’ve learned holding QLD: position size small, respect the leverage decay, and don’t panic on red days. This ETF will test your conviction.
For anyone new to leveraged ETFs: do your homework first. QLD can build wealth fast, but it can also cut deep if you misuse it. It’s a tool, not a lottery ticket.
Still holding QLD with you guys. What’s your game plan - taking profits on strength or riding the trend? Drop your strategy below 👇
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