The 3x leveraged semiconductor ETF had a sudden price spike down in the middle of the night. There wasn't any major negative news, so it seems the market had already priced in expectations. Yesterday it plunged 8% in an hour, so I imagine those who bought the dip are feeling pretty rough. The bottom hasn't fully formed yet at this stage. Let's wait for a confirmed pullback before increasing our positions.
For now, we wait. Add in batches when there are sudden price spikes down, and trade around the position—but keep your position size under control, whether you're up or down. Once the market pulls back and holds its support, we can increase our positions further.
The market is always right, whatever reasons we come up with.
But it's our own money. We're here to make money, not to prove ourselves right.
#纳指100本周跌5.5%创18个月最大周跌幅
$SOXL $SOXS
For now, we wait. Add in batches when there are sudden price spikes down, and trade around the position—but keep your position size under control, whether you're up or down. Once the market pulls back and holds its support, we can increase our positions further.
The market is always right, whatever reasons we come up with.
But it's our own money. We're here to make money, not to prove ourselves right.
#纳指100本周跌5.5%创18个月最大周跌幅
$SOXL $SOXS
