Posted by kingpin15 on 24th of Jul 2024 at 11:19 am
anything leveraged more than 1x will have issues with
correlating to price targets. They reset daily, so the math
becomes an issue.
tsla +10 one day to $110. Next day -10 back to $100.
The leveraged 1.25 or 2x tsla will not be back to
even.
anything leveraged more than 1x
TSDD inverse TSLA
Posted by kingpin15 on 24th of Jul 2024 at 11:19 am
anything leveraged more than 1x will have issues with correlating to price targets. They reset daily, so the math becomes an issue.
tsla +10 one day to $110. Next day -10 back to $100. The leveraged 1.25 or 2x tsla will not be back to even.
Now that you point it
Posted by steveo on 24th of Jul 2024 at 12:54 pm
Now that you point it out, the obvious becomes obvious. LOL
Correct - focus solely on
Posted by steve on 24th of Jul 2024 at 11:22 am
Correct - focus solely on the underlying instruments for valid support/resistance
Yes That makes sense. Thanks
Posted by arun on 24th of Jul 2024 at 11:23 am
Yes That makes sense. Thanks