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r/letfsr/letfs· u/Emo_Shrimp· 2d ago 0

New to leveraged ETFs, any pointers?

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A beginner bought $150 of SOXL for swing trading due to its volatility and is asking for advice to avoid ruining their portfolio.

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I bought $150 of SOXL and not gonna lie, I don’t know what I’m doing. I want to swing trade, so i figured leveraged ETFs/stocks would be good since they’re highly volatile. Wondering if there’s anything I should know so I don’t mess up my portfolio

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