It seems like TSLL is at its lowest, but whenever I buy it, it goes down even more. It's very easy to get stuck holding it!
If you want to buy something that's currently at a low point, avoid leveraged ETFs like TSLL, MSTU, and ETHU and just buy the underlying stock instead.
Don't trust posts like this: "It's a pump and dump, just a little more up and I'll break even and get out..." There are quite a few of them in this room.
"What is wrong with you? Is this some kind of desperate attempt to drag me down with you? This is exactly why Tesla fanatics get so much hate. Please, start thinking straight. Or are you going to give me the money to buy one?"
You only see significant gains with 2x or 3x leveraged stocks if you buy them at the absolute bottom.
Later on, you'll notice... even if Tesla stock surpasses its previous all-time high by a significant margin, 2x or 3x leveraged stocks won't even reach their previous highs.
TSLL is not a stock you hold for the long term. You should only hold it briefly for swing trades and sell it immediately. If you hold it for too long, you can lose money even if Tesla's stock goes up, because it is a leveraged ETF like TSLL.
I'm a Tesla shareholder and I'm currently down $50,000, but I've decided I'm not adding any more to my position. I feel like the company's vision is gone, there are boycotts happening worldwide, and even Tesla stores in the US are being set on fire... If the cars aren't selling and they get hit with tariffs...
I don't know how much bigger this loss will get, but I'm going to work harder to make up for it. I'm definitely not adding any more to my position.
Don't try to pump the stock just because you're also stuck in it.
Oh no, my husband's investment has been cut in half... He bought in at $19. We don't have any money to average down. We have to hold on for dear life, I just hope it goes up so we can get out.
People who post those kinds of things don't know how to trade stocks and don't have any money. Their only goal is to get attention. If they really thought Tesla stock would go up, they'd buy call options.
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What are you talking about, "believe"? What are you begging me to buy? You won't take responsibility if it crashes.