The TQQQ vs SQQQ decision is one of the most consequential calls a leveraged Nasdaq trader makes, and most traders make it the wrong way. They form an opinion about market direction, pick the matching vehicle, and hope they're right. There's a better way to make the call, and it doesn't require predicting where the market is going. It requires reading where the cycle already is. This article walks through the decision logic for going long, going short, or stepping aside into
