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Thread: Johnnydeep must have gotten rekted with his 3x leveraged positions

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08-05-2024, 12:35 PM
#1

Johnnydeep must have gotten rekted with his 3x leveraged positions

He must've gotten rekted the past month including recently with these tech stocks and indexes down sharply

He had 3x leverage positions on those

Anyone do a wellness check on that texas incel?
  1. sf813
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08-05-2024, 12:38 PM
#2
Originally Posted By sf813⏩
He must've gotten rekted the past month including recently with these tech stocks and indexes down sharply

He had 3x leverage positions on those

Anyone do a wellness check on that texas incel?
you dont seem to understand how levered positions work
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08-05-2024, 12:40 PM
#3
Originally Posted By HTDG⏩
you dont seem to understand how levered positions work
Those 3x ETFs track the three times leveraged performance on a daily basis so, for example, his 3x QQQ leveraged positions are down 3X

Explain what you mean
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08-05-2024, 12:42 PM
#4
Things are so bad, Johnny is gonna have to get himself a big girl to keep warm this winter.
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08-05-2024, 12:42 PM
#5
3x is so amateur, try 20x
I got this
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08-05-2024, 12:45 PM
#6
Originally Posted By StainlesSon⏩
3x is so amateur, try 20x
His 3x leveraged QQQ ETF is down approx -40% since 1 month ago and gaining this back is harder than the decline
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08-05-2024, 12:45 PM
#7
Did he get margin called at 2pm?
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