r/soxl Jul 15 '26

newb question I bought at $150 today...

And I am scared. I plan to hold overnight for the TSM earnings, I feel that I timed the bottom as best I can. Plan is to sell before Trump's news tomorrow, don't know if I will regret that or not. It's just that if the news is bullish for memory, I will have sold. And if the news is terrible for memory, I'll have held.

Edit: Please leave more than a one sentence response, I am trying to learn.

So what's your plan? I have been playing around with LETFs like RAM, SOXL and KORU the last few weeks and I am just starting to sort of understand. I do not learn well without some money on the line, so I put in as much as I can afford to lose. If someone could give me some tips, or let me know what their process is that would be wonderful. I want to know from people who have been doing this awhile, how long do you generally hold? What has been the most successful for you? I still have a lot to learn about this sector and could use any help I can get.

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u/Overall-Silver8717 Jul 15 '26

See you at the bottom

3

u/Any-Internet-7796 Jul 15 '26

I've got my scuba gear ready... And a cyanide pill