TQQQ is a vehicle that punishes ambiguity. The 3x leverage means every wrong move costs three times what it would in QQQ, and the daily reset adds a slow tax on top of that. Most articles on how to trade TQQQ skip the part that matters and move on to vague advice about risk management. This article answers the two questions that count: when does the cycle structure say a TQQQ position has the wind at its back, and when does it say to step out before leverage works against you
