>wait for dip>use entire portfolio to buy in the money options for SPXL>buy options with a exercise date 2-3 years out>wait >outperform the SP 500 by 10xWhat am I missing here? It seems like this would be how the average wagie could retire in 2-3 years time.
won't taxes fuck you over?
>>62402039 today was your perfect opportunity. >>62402192stop posting here dumbass.
>>62402192Yeah thats why my goal each year is to make 0 dollars. Thats how I make sure I never have to pay taxes on my gains.
>Wait for the dipDo you have a crystal ball telling you when the dip will happen?
>>62402508If you're watching it every day, you can tell.
>>62402039>wait >>outperform the SP 500 by 10xYou sure about that?
>>62402039This real? I got 6m, I now want to try this 100k experiment.
>>62402508>market drops 20% over a few months I meant waiting for a bear market which will happen
>>62402593SPXL not spy
>>62402593you used SPY options not SPXL
>>62402039No guarantee SPX won't go down further and stay down for 10 years
>>62402508i guessed the last 3 bottoms exactly within like 2-3 days precision
>>62402039leveraged etfs are only good for a short term position. i forget whats it called, but they will bleed you out by virtue of how they have to manage themselves. in almost every instance its better to use real leverage than it is to use an etf
>>62402724leverage decay but also that doesn't matter if it keeps going up
>>62402508it's happening right now
>>62402732>>62402724Forced deleveraging.
>>62402724This gets repeated ad nauseum and when you point out how tqqq went from 40 cents to $85 over the long term you get a ramble about luck like the post 1880 pattern isn't up.
