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drivebyhootingyesterday at 11:19 PM1 replyview on HN

Look up “nonconvexity”. TQQQ during draw down will kill your gains.


Replies

tehlikeyesterday at 11:44 PM

Look at my suggestion to include 40% hedge so that you can buy the lows.

Also look at the chart. It did have 2000 as a terrible time, but if you were hedged you'd be more than fine now.