Haejin, does it matter when one buys into the etf market? According to my TA, it looks like TQQQ is in the 5th subwave of wave 3. Won't it be correcting soon?
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Haejin, does it matter when one buys into the etf market? According to my TA, it looks like TQQQ is in the 5th subwave of wave 3. Won't it be correcting soon?
Thats when you switch to the leveraged bund fond as example, but the good thing is you dont even need to check the chsrts, you might be down in the short term but on the longer run they compensate each other and you just want to make sure that you regulary bet on the winning horse. also you might want to learn the basics about funds first (if you havent already)
Part of the point of this is it's a fairly lazy portfolio, not checking the charts every other day to see if it's a good time to get in/out. Just check the trend every week or two and adjust accordingly.
Assuming it continues to work in the future (you know, "past performance is not an indication of future performance") it's a good strategy to fairly safely (or at least, lower risk than crypto) increase your investment 'foundation' funds.