Edwin Dean Comment On Regulatory Notice 22-08
I am currently using the SQQQ and SPXU 3x leveraged inverse funds to protect my stock portfolio during this market downturn. The SPY is down 14.11% and the QQQ is down 23.64% from their highs. My stock portfolio is down only 12.18% from my high. The 3x leverage allowed me to start later from the highs and use less funds for portfolio protection. Otherwise I would have had to sell more of my stocks and be less ready for positive growth when the market begins an upturn.