small note to other tiger investors...
- I realized that most leveraged ETFs are not offered as fractional shares ( $Nasdaq100 Bull 3X ETF(TQQQ)$ & $Nasdaq100 Bear 3X ETF(SQQQ)$ does)
- every trade (buy or sell) is nzd2. if buying & subsequently selling 1 unit, the cost is nzd4. the stock price has to soar a mega amount in order to gain back your fees
- so if trading small position, it's only worth it with tiger coins & fee waiver vouchers. otherwise, buy big or don't buy at all
- plus, leveraged ETFs are not suitable for long term hold, not for the faint hearted
good luck mates 🤞
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