I am invested in both FNGG and FNGU. Both of them are down and I hope, it goes up in the next bull run. Anyone else looked at these two leveraged ETF? FNGG is 2X and has options (though very thin trading). FNGU is 3x and no options. My strategy is simple- check the balance quarterly and not everyday.
Set a minimum and maximum balance limit. Say, if FNGG total balance drops to $750, bring money from VOO to make it $1250. If FNGG balance exceeds $3500, move $500+ from FNGG to VOO to make it $3000. This is hard to simulate without coding, but seems to be promising. Any better suggestion?
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