u/Born_Kaleidoscope163

What's the difference between buying a dip and catching a falling knife?

If you don't get greedy and try to get the absolute bottom or top, you will be alright getting a decent chunk of the helter skelter. It's guys who try to squeeze every penny out of their position that gets decimated. How do I know? From my own experience. God knows how many winners I turned to losers just because I was trying to get that next up tick!?

Unless we are in the steepest downtrend (in that case lower delta can't protect you anyway), getting assigned isn't the death sentence some people make it out to be. If you got assigned, just CC those same shares right above the base cost for a higher premium and get rid of them fast. Especially with proper portion sizing, what's this obsessive fear about getting assigned? Am I missing something here?

TQQQ daily chart shows reversal. Could it be a dead cat bounce or we are truly at the bottom?

Criticize the hell out of it. Here it's:

# TQQQ + SGOV Decision Tree

- Target allocation

- 60% TQQQ

- 40% SGOV

- Contribution rule

- New contributions go first to SGOV until it is back to 40%.

- After SGOV is full, new contributions go to TQQQ until TQQQ is at target.

- If both are at target, split new money 60/40 between TQQQ and SGOV.

- Profit rule

- If TQQQ exceeds 65% of portfolio value, trim the excess to SGOV.

- Drawdown rule

- QQQ Trigger levels:

-10% drawdown from last 52-week high: deploy 12.5% of SGOV.

-15% drawdown: deploy 12.5% of SGOV.

-20% drawdown: deploy 12.5% of SGOV.

-25% drawdown: deploy the final 12.5% of SGOV.

- Reset rule

- When TQQQ recovers and closes above its 20-week high band or returns to target weight, stop drawdown buys.

- Refill SGOV from new contributions and trims before adding more TQQQ.

What are the odds, we see Taco Monday?

How are you holding it down?

It seems there are other underlying reasons for these Red days than the earnings reports.