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Why you shouldn’t hold TSLL long term?
I bought 6000 shares of $TSLL last year June/July at an avg price of $20.87.
$TSLA was trading in the $270’s at that time.
This morning, more than 15 months later, I broke even on my TSLL when TSLA price was in the $330’s.
This is because of the inherent decay on leveraged ETF’s like TSLL, NVDL, etc.
Please be cautious when taking the plunge into leveraged ETFs to avoid becoming a bag holder. Set your stop losses.
@ewtracker @wholemars @kylaschwaberow @pdicarlotrader @vol888
@TeslaBoomerMama
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