options.oracle.sg
04-07

$Direxion Daily TSLA Bull 2X Shares(TSLL)$  

After so much bleeding on TSLA, the time has come to sell my TSLQ to switch gears to TSLL. Letz GOOOOO

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Comments

  • options.oracle.sg
    04-08
    options.oracle.sg
    I cannot say which one is lower risk, it all depends on how you personally assess TSLA as a stock. Both ETFs equally risky, just different directions (Long or Short)
  • LARRYKING
    04-08
    LARRYKING
    hi. what's the difference between tsll and tslq. thanks
    • options.oracle.sgReplyoptions.oracle.sg: 
      So when TSLA was going down, I choose TSLQ and now I feel that it may have reached the turning point I am switching to TSLL.That's the most simplified way you can view it.
    • options.oracle.sg: 
      TSLL is 2 time leverage on TSLA long, meaning if TSLA goes up 1% in the day then TSLL goes up 2%. Similarly when TSLA goes down 1%, TSLL will go down 2%.

      For TSLQ, its 2 times leverage on TSLA Short.(Basically opposite of TSLL).

  • LARRYKING
    04-08
    LARRYKING
    Which one is safer low risk
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