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RE: What's Scary Is People Will Listen and Make this Investment
It looks like someone has already executed this idea. However, he has just figured out back in 2010:
He purchased about $100,000 worth of Direxion Daily Financial Bull 3X shares FAS, and some $70,000 of Direxion Daily S&P 500 Bull 3x shares SPXL.
That’s right. The $170,000 initial investment just topped $1.5 million.
I would buy 3X short NASDAQ (SQQQ) and 3X short Russel 2000 (TZA) at current level, wait till the election cycle (August-November, 2020). Democrats will always lead the presidential polls whoever win the election. Market will just panic on the outcome of a democratic president.
We can do it simulator.investopedia.com just for fun ;)
Oh wow, that trade is crazy if they don't book it that is just dumb. I would do like you said, cash out of it all and then put a chunk of it the shortside. Yeah, put on the paper trade atleast! :-)