Let’s say we have 10 5% down days in a row in QQQ. As a doomsday dot-com scenario that’s very mild, right? Maybe unlikely but certainly far from impossible. Aren’t you saying we have a dot-bomb waiting to explode?
QQQ: 0.95^10 = 0.6. So you lost 40%. Feeling awful.
TQQQ: 0.85^10 = 0.2. You lost 80%. Since you like going all-in on one stock, depending on your mental state, losing 80% may lead you to put a bullet in your head.