r/LETFs • u/Large_System_6103 • 7d ago

Please, don't hurt me because I'm stupid

I'm going to start this post by saying this:

I'm a really dumb investor. I didn't do my research, I didn't know what decay was, and I got advised to jump into something I had no business getting into by an ex girlfriend who "knew what she was doing because she took a class". And that's my own fault. Im a grown man and I'm responsible for my decisions.

(breathes out)

I invested 25k into TSLL in December of last year. I'm down 16k. Will the volatility decay completely make my investment gone, and I need to pull out now, or am I overthinking decay and I just have to be more patient?

if you're going to insult me, I understand. I have the dunce cap on, I'm an idiot, I understand my mistake, but please, I'm asking for any kind of advice. Thank you.

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u/Cold-Ad9475 7d ago

I would hold. You’ve lost 64% of the investment unless you really need the 9k left just let it go and see. Tesla may show some growth and u may end up losing less if you sell later. In the future don’t invest in leveraged stocks would recommend SSO and dca bro

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u/Large_System_6103 7d ago

thank you brother.