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Why I Will Never Run The Wheel Strategy On A Leveraged ETFs (And Neither Should You)

Why I Will Never Run The Wheel Strategy On A Leveraged ETFs (And Neither Should You)

Published 2 weeks, 3 days ago
Description
🖥️ Register For A Workshop + Free Calculators: 👉 https://onlypeterpru.com/ark-options-workshop?utm_source=pod&utm_id=social

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In this video I explain exactly why running the wheel strategy on leveraged ETFs like TQQQ, SOXL, and SQQQ is one of the most dangerous things a small account options trader can do — covering the mechanics of daily leverage rebalancing, volatility decay, why a 33% Nasdaq decline turned into an 80% TQQQ decline in 2022, and why the wheel strategy's core logic completely breaks down the moment the underlying asset is structurally designed to decay in value over time.
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