Replying to Avatar 2Pac

To me it’s just like opening a leveraged bitcoin futures position but you can’t get liquidated like if I was to trade a 4x leveraged bitcoin futures position. So you have the upside without as much downside risk lose your entire margin. And I even put about 20% of the position into MSTU which is a 2x MSTR etf.
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343PG 1y ago

I’d say be careful owning MSTU for extended periods of time - the slippage could really hurt after an extended period of choppiness up and down. Matthew Kratter covered this well in a recent video.

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2Pac 1y ago

Yea I reduced my position a lot after this last rally. It’s definitely a swing trade for me not a long term position.

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2Pac 1y ago

But yes you are correct

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343PG 1y ago

Yeah for sure, sounds like a good plan.

I’ve not seen them but the daily movements on it must be wild!

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2Pac 1y ago

Like 20-30% daily movements during the rally