Australia's largest stock trading and investment forum Australia's #1 stock forum

Very interested to hear if you invested in BBUS? as you must be...

First 2 Last

Share
Profile

Follow
travretireby40

545 Posts.

63

23/04/20

19:09

Post #: 44219826
Share

Originally posted by jokerlee: ↑

Hi everyone.

I am not an expert in stock trading. However I would like to learn more about tools that allows me to short the Nasdaq that isn't too complicated with low fees.

Please comment on the following points .

1. From what i know ETFs are meant to be quite safe in general as in it's very unlikely that an ETF get wipe out unlike a small cap or a struggling company.

2. SQQQ have a 3x inverse exposure to the Nasdaq. On 12/2/2016 SQQQ was priced at 105USD and NASDAQ hit 4337. Could that mean when Nasdaq goes back down to 4337 then SQQQ will be around 105USD again? I know these ETF is meant to decay overtime but i don't understand what that really mean or what causes it. How much do you think SQQQ will be worth when the Nasdaq drop to 4337 again?

3. What causes the decay of these leveraged ETF?

4. If the ETF isn't Leveraged does it mean it wont decay? (take HACK BetaShares Global Cybersecurity ETF for example)

5. Is it smart to hold SQQQ for a long term? 1-2yrs maybe even 3yrs.

6. Any thoughts of BBUS. I know this one tracks the S&P500 and is around 2.5x leveraged? I have an account with Stake so buying SQQQ wont be a problem.

Thanks for your input

A.B

Expand

Very interested to hear if you invested in BBUS? as you must be a happy man right now. Looks like you didn't get much help here but you sounded like you had the right idea just a little early.
Upvote

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Zip's stunning comeback: Is this the start of a $14 revival?

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

First 2 Last

Very interested to hear if you invested in BBUS? as you must be...

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Zip's stunning comeback: Is this the start of a $14 revival?

Iberian expansion: Megado turns to Europe with Spanish copper mines

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Clinuvel shares dip, even as CEO comes back from temp leave

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Featured News

Featured News

Very interested to hear if you invested in BBUS? as you must be...

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Zip's stunning comeback: Is this the start of a $14 revival?

Iberian expansion: Megado turns to Europe with Spanish copper mines

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Clinuvel shares dip, even as CEO comes back from temp leave

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Featured News

Featured News