Submitted by awesomedan24 t3_z7vkqq in wallstreetbets
bayesian_slut t1_iyb02t6 wrote
Reply to comment by awesomedan24 in Slowly but surely un-fucking myself by awesomedan24
SQQQ on a 15 year chart shows an all-time high of $524,736 (around July 2010) and an all-time low of $28.15 on December 27, 2021.
3x-leveraged, inverse ETFS decay like a mother fucker. TQQQ more or less trades proportional to QQQ, the overnight slippage is where some deviation from the benchmark may happen, but way less than the inverse funds
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