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SQQQ ETF


changure

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evaraina ee ETF ni follow avuthunnara?

Dec lo peak  -> 21 ki vellindi

now it is 52 wk low and falling. anyone shed some light on pls if you have any idea

⬆️TIA

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2 hours ago, changure said:

evaraina ee ETF ni follow avuthunnara?

Dec lo peak  -> 21 ki vellindi

now it is 52 wk low and falling. anyone shed some light on pls if you have any idea

⬆️TIA

Inverse tech ETF. Moves against technology. TQQQ is bull tech ETF. Don’t touch ETFs

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2 hours ago, Funkops said:

Inverse tech ETF. Moves against technology. TQQQ is bull tech ETF. Don’t touch ETFs

thanks for the clarification.

but, why did you say Don’t touch ETFs.

is it more risky or no profit margin??

 

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There are indexes such as SPX, DJI, NASDAQ 100, russel smapcap index. There are Long ETF's based on these indexes: SPY,  DIA, QQQ. There are inverse indexes as well. Besides these, there are 2x Long, 3x Long, 2x Short, 3xShort.

Basically, inverse ETF's are risky for average investors.  QQQ is an etf based on nasdaq 100 index. TQQQ = 3 times QQQ. If there is 50% increase in a year, TQQQ will generate 150%. Same in the reverse.

 

 

 

 

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thank you guys for the  suggestions.

Basically  my understanding is, it's like short selling...if the market goes up , the inverse ETF will go down and vice versa..

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