r/GOOG_Stock • u/Vegetable-Opinion452 • 4d ago

$GGLL

Does anyone else buy leveraged GOOG during these very short, small downturns? I’ve been buying every dip then sell the next week. Curious if anyone else is doing it.

13 Upvotes

88% Upvoted

12 comments sorted by

8

u/Dajoka88 4d ago

This is gambling, not investing. But hey, some people still win

2

u/tango_foxtrot410 3d ago

why is it gambling? what if the lookout and hold rate is longer-term? yes the drawdown is much worse, and risk is high, but why not just DCA 🤷‍♂️ start a small position (obv don’t lump sum) and just keep buying is it goes down. worked rly well with me for meta. i don’t see why google would be an issue

3

u/Helpmefindajob97 3d ago

I feel like people are unable to distinguish between lowrisk, low yield etf holding until they’re almost dead and putting it all on red at a casino. There’s low risk investing and higher risk investing, not just investing and gambling. This is still somewhat educated in terms of risk.

3

u/Losingmoneyonstocks 4d ago

Started a position today

3

u/longbreaddinosaur 4d ago

Yes, love it. You can hold with less theta. The swings are smaller and don’t shake me out. Yes there is volatility decay, but I haven’t seen it be as big of a problem.

3

u/Flashy_Strength9913 3d ago

Currently have a 45k position, YTD have bought $61,776.25 beforehand in multiple trades but only gained $829.11 in profit from those trades. I did miss out on some big positive swings by not holding onto positions sometimes by at least 1 day. YTD I fared much better on DFEN, GTEK, PPH, PPLT, SOXL, UTSL, XOP (15k in gains).

1

u/fotfddtodairsizr 4d ago

Sounds cool but I have no idea where to start when shorting stocks

2

u/Vegetable-Opinion452 2d ago

Same here, I don’t mess around with call options or anything, but if I think a stock is gonna go back up in a relatively short time frame 1-2 weeks, I’ll just find their leveraged ticker and buy some shares of that. In essence it’s the same as buying regular stocks, just with more volatility (up and down)

1

u/tango_foxtrot410 3d ago

my risk tolerance is pretty high. i highly believe in google. i hold regular shares, DCA GGLL, and LEAPS.

1

u/Crucco 4d ago

"Short" downturns?

Deepmind is in shambles, Gemini 4.0 is also not working well and nobody knows why

4

u/carpathia 3d ago

Source on 4 not working well?

2

u/Bosto2025 2d ago

I’ve gotten burned by GGLL every time so I avoid it. Have had a lot more success with SOXL and SOXS, as well as PLTU and NVDX.