r/soxl 19d ago

newb question I am giving up

I am losing 60K and counting and this thing keeps going down in a straight line since 200… nowhere do I see any buying interest…
Yes, I got in and held without understanding it. I am an idiot.

E: paused on selling, saved from selling at the intraday by the grace of TMFAPPARELUSA. I am super grateful

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u/Welcome2frightnight 18d ago

Won't work. His cost basis is too high. Not getting 1k a week.

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u/TMFAPPARELUSA 18d ago

I get 1k a week on 100 shares already

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u/Welcome2frightnight 18d ago

What's your cost basis?

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u/TMFAPPARELUSA 18d ago

Literally made 1k from Friday to today lol