Tuesday, April 7, 2026

Return of SOXL

I'm not gonna say I'm inured, but after more than six months of close observation, I have a (small) level of confidence. This is the third "drop" I've followed down, running out of money well above the lowest price. My hope is, of course, the next time!🤑


12:26 p.m. (no sleeping through this one)


It continued to $39.37.

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9 p.m. today

I thought I'd see how things were going



Open P&L is from when I opened the account in January of last year. I was a little over $700.00 ahead when this drop began and about $1,500.00 ahead for the 15 months of trading.

Poor as I am, I can't really afford to lose and have regularly pulled off my meager gains. As a means of containing myself, I've kept my trading amount around $3,000.00. This time I went to $4,200.00.

It began on Feb, 27th at a little over $73.00/share. Previous weeks had seen drops of $2 - $4 and I had been making small amounts of $40 - $70.

As the drop continued, I added an additional $1,200.00 and made my last purchase, when I ran out of money, at $52.75. I sometimes suspect I am an average player and the powers-that-be know exactly when to shear the sheep. 

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At 1:24 a.m. Weds

$94.00 profit after

 five weeks of not being to trade

when I was averaging $100/wk.





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What it looks like



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Seeing the number of transactions for

hundreds of thousands of shares prompts:

there's a lot of wealth out there.

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April 8, 3:35 a.m.



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After each drop it's risen beyond its prev high, in this instance $72.36. We're still a ways from there, but it went up over $10.00 this morning so Imma hold.

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